@Al117 wrote:
Its a simple question how to enter a passive capital loss.
That is the problem; there is no such thing as a "passive capital loss".
If you know your basis in the LP, then it should be a simple matter of entering your basis and subtracting that figure from the sales price, which would be $0 in this instance since your entire investment is worthless (so you have a capital loss).
Generally, this would be entered as a capital loss on Form 8949 and Schedule D but I will wait for @Mike9241 to provide input (and @Rick19744 if he's around).
