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Level 2
July 12, 2024
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how to file in Turbotax a worthless non-public traded bond of a bankrupted company

  • July 12, 2024
  • 2 replies
  • 31 views

I bought a non-public traded bond directly  from a company which issued bonds through an insurance broker, not from a stock brokerage Co. The company bankrupted and my portfolio value is zero. How to file in Turbotax?

    Best answer by Mike9241

    Expert Reviewed

    it would be a capital loss reported on form 8949/schedule D. 

    2 replies

    Mike9241
    Level 15
    Mike9241Level 15Answer
    Level 15
    July 13, 2024

    Expert Reviewed

    it would be a capital loss reported on form 8949/schedule D. 

    Mike9241
    shchan888Author
    Level 2
    July 15, 2024

    Thanks a lot!