Doing this is as an "other" investment worked, but there are several minor (I hope) glitches. It wasn't quite right was that I had to select the type of investment as "stock (non-employee)" even though I am an employee (the only employee). The stock was not issued as part of an employee stock program, though, so this was the closest selection allowed by TT. Also, there is some mismatch since the corporation issued to me a 1099-DIV for the liquidating distribution (which it the correct way to report this). TT thinks that there was a 1099-B even though this was a direct transaction between the corporation and me, not through a broker. Also, after filling in the information for the "other" investment, TT reports that it "needs review" even though all fields are completed and are accurate. I cannot see anything needing review.
So, it's a workaround but shouldn't be necessary. TurboTax SHOULD let me include basis information for regular 1099-DIV, box 9 distributions.
The statement by the "employee tax expert" that "The cash liquidation amount from box 9 should be there on a list. Click 'edit' next to it and you'll be able to enter the basis." is completely wrong. There is no "edit"next to box 9. If it existed as some point, it no longer exists.
