turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jtax2025
New Member

liquidating distributions in same tax year

received 1099-DIV for cash liquidation distribution amount that was dispersed on two different dates in 2024 representing complete liquidation

 

would I enter stock sale on schedule D for entire amount on final date or use two entries one for each date and prorate the shares, proceeds, and cost basis between them?    

 

end cap gain would be the same so not sure if matters

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

liquidating distributions in same tax year

does the 1099-DIV just show the total for the year. did you get o a a 1099-B or was this privately help. i would report the same as the 1099-B if you got one otherwise just one sale. 

View solution in original post

2 Replies

liquidating distributions in same tax year

does the 1099-DIV just show the total for the year. did you get o a a 1099-B or was this privately help. i would report the same as the 1099-B if you got one otherwise just one sale. 

jtax2025
New Member

liquidating distributions in same tax year

thanks!  just one amount in box 9 on 1099-DIV.   privately held and no 1099-B 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question