- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I received a letter in 2020 that my investment is now worthless. I had previously received K-1's with tax year 2018 being the last one received. The letter said no K-1 will be issued for the 2020 tax year. where do I enter this loss (passive) in Turbo tax. I originally purchased my interest in the company in 2006. Do I enter this in the K-1 section or stock loss in 2020? As I did not and will not receive a K-1 for 2020, the section of TurboTax for K-1's only allows entries if I received a K-1. Any help is appreciated.
March 6, 2021
9:35 AM