I have read several useful messages about how to report liquidation distribution. I have a added complication.
I have return of capital on 142 shares of ALTABA for $2400 reported on Form 1099 B included in the 'cost basis reported to irs' Form 8949, part II D, with cost basis showing as 0 showing the entire amount as gain. In addition at the bottom in the section 'LIQUIDATION DISTRIBUTION'. there is ALTABA liquidation distribution of $7300. The cost basis is $5,000.
How do I capture all of this in Form 8949 and /or Schedule D.
THANKS.
