fhermance
Level 2
03-08-2021
08:32 AM
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Best Answer Click here
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IRonMaN
Level 15
03-08-2021
08:53 AM
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Schedule D
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fhermance
Level 2
03-08-2021
08:57 AM
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The basis was not reported to me or whether it was long term or short term - how do I handle this on schedule D?
IRonMaN
Level 15
03-08-2021
09:04 AM
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Ask the client or their finance dude or dudess for the basis information. This is a liquidating dividend, not a sale, so there is a good chance you have no gain or loss on the transaction.
Slava Ukraini!
fhermance
Level 2
03-08-2021
09:43 AM
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Thanks
IRonMaN
Level 15
03-08-2021
10:10 AM
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You betcha!
Slava Ukraini!