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How do I enter worthless shares in a company that declared bankruptcy if I did not receive a 1099-B?
I have a large number of shares that I received via ESPP or RSU throughout my employment. RSU shares were reported on my W2 as they were granted. The company declared bankruptcy in the summer of 2024. I did not receive a 1099-B, only a gains and losses spreadsheet from Etrade. How can I enter these in turbotax?
I tried selecting “Long-term did not receive 1099-B form” in the sales section, as well as “The cost basis is incorrect or missing my 1099-B form” but get the error message:
“Form 1099-B Worksheet (E-Trade) -- Capital Asset Sales Wksht (1): Corrected cost basis should not have a value for transactions not reported on Form 1099-B.”
March 30, 2025
2:35 PM