dw6969
New Member

Business & farm

This is not a C Corp and the investment is totally worthless.  This was not a restructure.  They do not exist anymore.  Their assets were transferred and liquidated.  I am not concerned about proving that the investment is worthless.  I could prove that if questioned by the IRS.  My only concern is how to record it using turbotax.  I need help in being pointed in the right direction of how to do it.