Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Jul 12, 2024 4:40:31 PM

how to file in Turbotax a worthless non-public traded bond of a bankrupted company

I bought a non-public traded bond directly  from a company which issued bonds through an insurance broker, not from a stock brokerage Co. The company bankrupted and my portfolio value is zero. How to file in Turbotax?

0 2 28695
1 Best answer
Level 15
Jul 12, 2024 7:25:50 PM

it would be a capital loss reported on form 8949/schedule D. 

2 Replies
Level 15
Jul 12, 2024 7:25:50 PM

it would be a capital loss reported on form 8949/schedule D. 

Level 2
Jul 14, 2024 9:05:34 PM

Thanks a lot!