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1099-DIV line 9

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Level 3

Where do I enter line 9- on 1099-DIV for liquidating distributions?

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4 Replies 4
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Level 7

Did you search the forum.?

Most of the time it is quicker and it is "learning to fish."

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Level 3

I thought this is the forum.

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Level 7

Search the community bar with the magnifying glass, it is a data base of  past questions and 

answers.

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Level 7

From the community search bar:

Any liquidating distribution you receive is not taxable to you until you have recovered the basis of your stock.  After the basis of your stock has be reduced to zero, you must report the liquidating distribution as a capital gain.  Whether you report the gains as a long-term or short-term capital gain depends on how long you held the stock.