Just wanted to know if you got a clear answer already. The last person at Turbo Tax I've talked told me not to worry about it until liquidation is complete. But IRS pub 550 is not clear. It gave two scenarios. If you have realized a gain from cash liquidation it should be reported as capital gain but in the same paragraph it mentioned about complete liquidation. Since I met the first scenario (realized a gain) I will report it even if it is not completed yet but it will be a red flag to IRS since the documentation is not matching with the data if I input the gain since the 1099 B does not have it. Can you please share what your research results are. Thanks
