Hello, we received a 1099-DIV for a liquidation. The boxes that are populated are: 2a & 2b showing the capital gain, and box 9 showing "Cash liquidation distributions". Using TT Home & Business Desktop, we have answered the 1099 DIV questions and populated the #'s. After doing so, a message appears stating: "We'll handle your cash liquidation distribution of (XXXX PROPERTY TRUST) later. Just remember to go to the Investment Income section under Income & Expenses."
Can someone please advise what (if anything) we are supposed to do?