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Investment loss in a startup - Convertible note
I invested $15K in a startup few years back to fund company operations. The investment was structured as a convertible note with annual interest of 6% and payable at maturity. Company folded operations and founder is no longer responding to any communications. I hope I can claim this as investment loss this year. Please help how I can report this in Turbotax Desktop edition.
Thanks!
‎April 12, 2025
1:40 PM