Hello, I have the same question but am unable to resolve it from the previous answer.
Turbo Tax reads " We'll handle your cash liquidation distribution from Schwab later. Just remember to go to the Investment Income section under Wages and Income".
There is nothing pertaining to the cash liquidation distribution amount under the "Investment Income" section. I do not see a "Wages & Income" section". Is this old language?
I see the cash liquidation distribution on the 1099-Div in box 9.
I see the same amount in Turbo Tax in the Personal Income tab, under the "Interest and Dividends" section under the subheading "Dividends on 1099-DIV". How do I make sure the cost basis is correct? There was a $600 gain on the investment but I do not see that figure listed anywhere.
Thank you
