How to report 3921 that expired worthless?

[Boxer123]

I exercised ISOs in 2017 and they expired worthless in 2022. Can I report this on TurboTax as a loss?

[MaryK4 · Accepted solution]

Yes, you can enter as Worthless Stock.  You may claim a worthless stock by entering this as a stock sale but with a sales price of zero and the word "worthless" in the description of the sale.  Enter the correct cost or basis, date acquired, and December 31 as the date sold. To enter:

Open (continue) your return in TurboTax.
In the search box, search for investment sales then click the "Jump to" link in the search results.
Answer Yes to the question Did you sell any investments? 
If you land on the Here's the investment sales we have so far screen, click Add More Sales.