topic How do I enter Employee Stock Purchase Plan losses when a company dissovles? in Investors & landlords

How do I enter Employee Stock Purchase Plan losses when a company dissovles?

steviet02 — Sat, 21 Feb 2026 17:26:50 GMT

I never received any forms except from ComputerShare with the ending statement period.

Re: How do I enter Employee Stock Purchase Plan losses when a company dissovles?

LaShaunA3 — Mon, 23 Feb 2026 01:07:55 GMT

When a company dissolves and your ESPP shares become worthless, you can generally claim a capital loss, even if you didn't receive a 1099-B.

Determine your basis. This is usually the amount you paid through payroll deductions plus any amount previously included as compensation income. If the stock became completely worthless due to dissolution, the IRS treats it as if it were sold for $0 on the last day of the tax year in which it became worthless.

How do I enter Employee Stock Purchase Plan (ESPP) sales in TurboTax

There's a checkbox in the Schedule D dialogue for "This was a worthless security" that appears after you enter the security as Stock; date acquired, date sold (12/31/2025), zero Proceeds, and Basis.

Re: How do I enter Employee Stock Purchase Plan losses when a company dissovles?

steviet02 — Tue, 24 Feb 2026 13:09:11 GMT

Thank you for the clear information. Looks like I will have to amend my 2024 return. Appreciate the response.

Steve