MayaD
Expert Alumni

Get your taxes done using TurboTax

To enter the amount in box 9 cash liquidation distribution in TurboTax online:

 

  1. Sign in to your TurboTax account and open (continue) your return
  2. Select Federal from the left menu, then Wages & Income
  3. Locate the section titled Investments & Savings and select Show More, then select Start or Revisit next to Dividends on 1099-DIV
  4. Check the box My Form has info in more than just these boxes.

A liquidating distribution is not taxable until you recover the basis of your stock.

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