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Where di I enter a cash liquidation dividend from box 9 of 1099-DIV?

fhermance
Level 2
 
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IRonMaN
Level 15

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.


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5 Comments 5
IRonMaN
Level 15

Schedule D


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fhermance
Level 2

The basis was not reported to me or whether it was long term or short term - how do I handle this on schedule D?

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IRonMaN
Level 15

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

Thanks

IRonMaN
Level 15

You betcha!


Slava Ukraini!
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