Yes, report this in this manner.
- Select Federal from the left side menu.
- Select Wages and Income toward the top left.
- Scroll down/ expand the list and look for Investment Income.
- Find Stocks, Mutual Funds, Bonds, Other and click on Start or Update to the right.
- On the screen titled, Did you sell any investments in 2018, answer Yes
- On the screen titled, Did you get a 1099-B or brokerage statement for these sales? answer No.
- On the screen titled, Choose the type of investment you sold, select Stocks.
- On the next few screens, fill in your information about the stock. Since this is not a sale, your sale proceeds is $0, assuming you didn't recover any of your investment. Your sale date would be the date that it became clear that the stock was worthless.
- On the question, Do any special situation apply to this sale?, select This was a worthless security.
- Finish out the section.
@brian-pat-smith
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