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clarkalanmeyer
New Member
posted Mar 28, 2025 8:02:38 AM
Inside turbo tax, how do i insert a loss from a sale that did not initiate a 1099B (E-trade)?
I sold a worthless stock for a $4000 loss.
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1 Replies
MayaD
Expert Alumni
Mar 28, 2025 8:23:54 AM
To report the worthless stock:
Go to Wages and Income
Go to
Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto)
If you land on the screen
Let’s finish pulling in your investment income, select Add Investments.
Select Enter different Way
Select
Stock, Bonds, mutual Funds
On the following screen for the Broker name, type in something descriptive, like “Options” in the box, and leave the account number blank.
Answer the questions until you get to the screen
Review this xx sale
On the sales section select
Long/short term Did not receive 1099-B form
Enter all information and
enter 0 for the Proceed.
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