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posted Apr 7, 2022 3:03:08 PM

Why will TT not save the Sold/Disposition date from 1099B on bankrupt stock? Always changes it to 12/31/21.

Occurred on data uploaded directly as well as on individual edits of the sale.

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1 Replies
Expert Alumni
Apr 9, 2022 6:22:07 AM

Worthless stock is treated as sold on the last day of the year in which it became worthless. No adjustments need to be made.