Thank you. I have filed my return few days ago. I am glad your interpretation is same as mine, that it has to be disclosed now in 2019 because the cost have been recovered and with a gain. The complete liquidation only apply when you have losses. You have to wait for the final liquidation. However for me the event of recovering my cost happened in the first distribution so I have to disclose it. I did the research and AABA will have a second distribution in late 2020 and final distribution is estimated to be in 2022. The concern I have about not matching up was taken cared of exactly with what you suggested. When I did my 8949 (F) was marked not reported on Form 1099-B. However, my description was "AABA liquidation reported in 1099 DIV box 9)". Hopefully, this is what IRS intention with liquidation distribution. pub 550. Thanks
Also, I am not sure if software address this issue I have tried two different tax preparation and it really does not transfer over. It does not even ask for cost of purchase.
