I bought 10,000 shares of common stock from a startup where I worked until 2017. Last year, I got a letter saying that they were shutting down. I didn't get a 1099-B from them.
I tried live online help, and I don't think the person could help me since they thought that 1099-B was necessary. I received none.
I did the following while entering my tax return. I followed this post:
- I chose "Long Term did not receive 1099-B form"
- Total Proceed - Enter $0
- Total Cost - Entered the actual cost of purchase
It still asks for 1099-B as shown in the snapshot below:
I am still being asked for a 1099-B. I didn't receive one.
How do I declare this stock purchase as worthless?
