Business & farm

Thank you so much for sharing this information, it was super helpful in me understanding what to expect when it's reported on the individual's return.

 

Just a quick question to make sure I understand properly: if an individual received a 1099-DIV reflecting cash (Box 9) and noncash liquidation distributions (Box 10), both of the distributions will added together as a total proceeds on Schedule D & Form 8949 , correct?

 

Thank you very kindly again!!