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Get your taxes done using TurboTax
since line 9 on the 1099-DIV goes nowhere
If the basis of your stock is already zero, the amount is taxable and you need to report the amount that exceeds the basis in your stock as either a long-term or a short-term capital gain. you need to report a sale of the stock on Schedule D.
Turbotax
in the investment income section
stocks bonds etc
list the name of the Company
date you became a member as date acquired
date you got the proceeds as date sold
sale price = box 9 on 1099-DIV
cost =0
type would either be C (if held short-term) or F(if held long-term)
‎April 18, 2023
5:43 PM