You can enter as Worthless Security. To enter worthless investment as investment sales:
Under Federal Wages& Income, select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) under Investments and Savings.
- Did you have investment income in 2024? YES
- Let's import your tax info Enter a different way
- OK, let's start with one investment type Other Continue
- Tell us more about this sale Worthless Stock Continue
- Now, enter one sale for WORTHLESS STOCK (Proceeds=0 Date sold or disposed= 12/31/2024)
- Let us know if any of these situations apply to this sale This was a worthless security Continue
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