JPie8413
New Member

Investors & landlords

I spoke with someone from the company supplying the document.  They said that a 1099-X form cannot be generated from a liquidating trust, but that the "Other Income" should be entered on {Schedule B, Part 1 - Interest}, and that the "Realized Loss on Marketable Securities" should be entered on {Schedule D, Line 12}.   He said the other two line items {Fees and Expenses} do not need to be reported.   Problem is, I still cannot figure out how to enter that line item on Schedule D, Line 12.  I am using Turbo Tax Premier Desktop version.  Can anyone help with how to physically navigate to that and enter on that line item?