Actually, there may not be any reason for you to put that amount anywhere in your income tax return, depending on your situation.
You can think of a liquidating distribution as very much along the lines of a return of capital. If you have a basis in the stock AND the liquidating distribution is less than your basis and is not a "final" distribution then you don't have to enter anything at all. In your own records you reduce the basis of the stock.
If the liquidating distribution is more than your basis then you do have a reportable sale. The liquidating distribution is reported as a sale with the liquidating distribution being the "proceeds" of the sale.
Tom Young
