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Get your taxes done using TurboTax
I also have a cash liquidation distribution related to Altaba. In my case, the distribution is greater than the basis so I need to report it but can't see how to do that in TurboTax. The TurboTax section that shows the import of my 1099-DIV from my brokerage account has a page that says they will handle the cash liquidation distribution later in the Investment Income section but the topic never came up when I went through that section. I went back into the Investment Income section but see no easy way to do it as the whole section is based off of 1099-B and 8949 form input. Does anyone know how to enter this in TurboTax?
February 22, 2020
7:45 AM