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Do I have to claim the amount on a 1099 -Misc for an investment that i made
I made an investment in 2018 and shortly there after the company filed bankrupt. It has been held up in court proceedings for almost 2 years and in December of 2019 I received a portion of my original investment back. A far cry from the original investment. I have not received any interest on the money, so why do I have to claim the amount on the 1099-Mics? Where do I put the original amount to show that I have a loss?
Thank you,
Kelli_p
Topics:
‎February 3, 2020
7:47 PM