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AACA77
March 2, 2025
Question

How do you handle ESPP/form 3922 if the company shut down? I purchased stock, got the form 3922, but never sold any stock. The company went bankrupt.

  • March 2, 2025
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    1 reply

    AmyC
    AmyC
    Employee
    March 9, 2025

    You have shares of stock that became worthless. You can enter the stock on sch D, use your purchase price and date, then note worthless, date sold 12/31/2024 and sale price zero.

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