Investors & landlords

Presumably you know your cost basis?

 

Cash liquidation distributions pretty much act like returns of capital: you reduce your basis on your own books and records.  As long as you still have basis there's no reporting required.  If a cash liquidation distribution exceeds your current basis then you report that as a sale using the "Stocks, Mutual Funds, Bonds, Other" interview and telling TurboTax you didn't get a 1099-B.

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