JamesG1
Employee Tax Expert

Retirement tax questions

The investment type Other at the screen OK, let's start with one investment type is a catch-all category that includes the sale of land, the sale of second homes, the sale of personal items, sales that may or may not have been reported on an IRS form 1099-S.  This is the correct category.

 

Continue on to the screen Review this XXX sale.  Under What type of investment, you may select Stock or many other investment types.

 

Enter 'worthless' in the Description of the item.  At the next screen, select This was a worthless security.

 

@ravibhatta007 

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