turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1099 my trading account company that I had 4 grand in declared bankruptcy and i lost all the money i had invested. its not on my 1099 dont know how to write that off

the company declared bankruptcy and i lost every thing and no longer have the stock in my account on robinhood
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

1099 my trading account company that I had 4 grand in declared bankruptcy and i lost all the money i had invested. its not on my 1099 dont know how to write that off

you have to report it as a business bad debt.

You will be asked to document your attempts to recover the money.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies