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JQ25
March 28, 2025
Solved

I relinquished my worthless securities on E*TRADE, but they are not listed on Form 1099. How can I claim the losses from this sale, and which form should I use?

  • March 28, 2025
  • 1 reply
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Are there any specific rules or requirements I need to be aware of when reporting worthless securities for tax purposes?
    Best answer by AmyC

    Follow these steps:

    1. You will go to the federal income section.
    2. Locate investment income
    3. Select Stocks, crypto, bond, other
    4. Enter your information

    1 reply

    AmyC
    AmyC
    Employee
    March 28, 2025

    They will be reported on sch D provided you meet the requirements. Full instructions and requirements for how to write off your loss from worthless stock can be found at Losses (Homes, Stocks, Other Property) 1 - IRS 

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
      J
      JQ25Author
      March 28, 2025

      Thanks @AmyC  , I'm filing online. Where can I find Schedule D ?

      AmyC
      AmyCAnswer
      Employee
      March 28, 2025

      Follow these steps:

      1. You will go to the federal income section.
      2. Locate investment income
      3. Select Stocks, crypto, bond, other
      4. Enter your information
      **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
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