Liquidation distribution total includes inherited C. Corp stock redemption (98.6%) and balance in corp. was 1.4% remaining cash. How to complete 1099-DIV and Schedule D on 1040. Want to make sure that the 1099-DIV ties out with the Schedule showing the stepped up basis of the FMV of the C. Corp as of the as of the DOD.
Thank you. Does the tatal of the Liquidation distributions (two checks) go on line 9 of the 1099-DIV?
Thank you and have agreat day
