Thank you, Dave, for taking the time to reply, I appreciate it.
Just FYI, I'm using the online version after using the desktop version for many years.
I followed your steps exactly and entered the 1099-DIV. The info I had entered prior to asking my question was still there, including the box 9 info. So, I was confident I was on the correct path.
However, once I continued, I got the same message as before:
We'll handle your cash liquidation distributions from Sxxxx LLC later.
Just remember to go to the Investment Income section under Wages & Income.
Keep in mind that your cash liquidation distributions may impact the basis of your stock or it may be taxable.
So, as directed, I went to the Investment Income section under Wages & Income - which is precisely where I started based upon your directions. I went back into the 1099-DIV I had entered and the data was still there. And again, as I continued, I received the message that "we'll handle this later." It's just a loop.
Eventually, I completed all my entries and got to the end where TurboTax reviews anything that might need checked. I was not prompted to check out this cash liquidation distribution any further.
So, is this "we'll handle this later" message correct? Is there something else I need to do to ensure this is accurately reported?
Again, THANK YOU, Dave!
