I have a capital loss from a SAFE investment I made a few years ago and became worthless in 2024. How do I enter it in TurboTax Premier? The Q&A format is asking for then tax form I received but there is none. I have the original SAFE investments detailing the cost, and the statement of business closure detailing its worthlessness. Thanks in advance....
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Here’s how to enter your SAFE investment into TurboTax Premier:
Open your return in TurboTax.
Since your investment is worthless, report the proceeds as $0 and the date sold as the date it was deemed worthless.
Here’s how to enter your SAFE investment into TurboTax Premier:
Open your return in TurboTax.
Since your investment is worthless, report the proceeds as $0 and the date sold as the date it was deemed worthless.
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