I have been investing in a startup (C Corp) for several years, where I made over 20 separate cash infusions, for each of which I received a stock certificate). At the end of 2019 this venture ceased operations. I received notice that since this cessation represents a "qualifying event" and my total investment can be taken as an ordinary "section 1244" loss (vs Capital loss). The venture never achieved profitability and the (unlisted) stock has no value.
How to I record this loss in Turbotax (premier edition)?
