reljjl1 wrote (in the Spoiler box):
Since the income received occurred in 2024, the recommendation was to create a 1099 for taxes for 2024 (presumably, a 1099-B) and identify a zero cost basis. However, the company no longer exists on the stock exchange and the source of the check is the settlement claim company. They have already verified that they will not issue any kind of 1099 so I know I am responsible for creating one.
@reljjl1
You do not create a 1099 of any kind. That was not the recommendation. You do not need a 1099 to report the income. You report it as an investment sale for which you did not get a 1099-B. The post by Hal_Al in your other thread gave you step by step instructions for doing that.
