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Investors & landlords
No, your initial post was correct. A liquidation can be a taxable event for a corporation and its shareholders.
You probably will have to report the liquidation as a capital gain/loss. If the liquidating distribution shown in Box 9 or 10 of your 1099-DIV is a complete liquidation, then report the amount in Box 9 or 10 on the stock sale screen as a stock sale. You will report it in the Investment Income section under Stocks, Mutual Funds, Bonds and Other.
@csommers
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‎February 6, 2023
10:18 AM