I acquired in early year 2000 ABFS nonsecured note, they closed, attorneys recovered some of the money issuing a 1099b for 2017 funds received, it equals pennies on the dollars invested, how handle this partial repayment of principal in TurboTax Premier?
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If your cost basis is shown on your 1099-B, you will receive a capital loss. If not, but you know what it is, you can enter that amount.
Here's more info on claiming a capital loss:
https://ttlc.intuit.com/replies/5209280
If your cost basis is shown on your 1099-B, you will receive a capital loss. If not, but you know what it is, you can enter that amount.
Here's more info on claiming a capital loss:
https://ttlc.intuit.com/replies/5209280
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