When dealing with a stock that went bankrupt, you need to report it as a capital loss. Typically, this requires using Schedule D of Form 1040 to report the details of the sale or disposition of the stock, even if no formal sale took place (like in the case of a bankruptcy).
If the stock is deemed to have become completely worthless in 2024, the IRS generally allows you to treat it as if it were sold on the last day of that year for $0. This would still mean reporting it on Schedule D and providing the necessary details, even though you didn't receive any formal documents for it.
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