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Investors & landlords
Rick19744 replies have been helpful although Turbotax itself should be more clear. Again i have an initial cash liquidation distribution in 2019 reported on 1099-Div Copy B that exceeds my cost basis so there will be a gain. There will be a final liquidation distribution in 2020 that will be a gain again after the cost basis is used for 2019. I am still a little confused on whether the 2019 initial cash liquidation distribution should have been reported on the 1099-Div Copy B or some other form.
March 2, 2020
12:41 PM