Enginr4
New Member

Get your taxes done using TurboTax

Hi, I'm in the same situation with this GWG letter.  I know the letter says 'realized loss' but why wouldn't we have received a 1099 or a K-1 if that's what we are supposed to report in 2024.  I'm wondering if this letter is just an FYI of losses so far and we will get an actual 1099 in the future when the wind down trust settles and pays out what we have left.  Today, I don't know that any shares have been sold to call it a capital loss.

This whole GWG mess confuses me.