topic Re: SAFE Notes in Deductions & credits

SAFE Notes

sloshane — Mon, 23 Feb 2026 11:16:29 GMT

I was an angel investor for a friend's startup. In tax year 2022, the company was wound up and dissolved. My SAFE note was rendered worthless. Any guidance on how to disposition this as a loss in the web version of TurboTax? I see one similar post from a couple of years ago, but the prompts are now different in the newest version of the software. The startup won't be sending out any tax forms (e.g., 1099). Thanks!

Re: SAFE Notes

Anonymous_ — Mon, 02 Jan 2023 19:42:21 GMT

Try contacting Support.

What is the TurboTax phone number? (intuit.com)

Re: SAFE Notes

sloshane — Fri, 06 Jan 2023 02:01:10 GMT

Thanks, but I'll give this thread a bit more time. I've not usually had good experiences waiting on hold and explaining things to people multiple times. Not even sure most people know what a SAFE note is. 🙂