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)