Yes. I found this somewhere online "The intent of the Plan and Trust Agreement was that the Liquidating Trust qualify as a grantor trust" It wasn't describing wmi but seems to apply.
So I think I could report the distribution as a capital gain in the stock sales section and report the NOL as a cost. I think I should get the benefit of the nol. This would be long term. The bankruptcy was in 2008, Crazy it's finally done in 2021.
Thanks for your help
