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Level 1
April 7, 2026
Question

1099-div Cash Liquidation "go to investment income section" What/where?

  • April 7, 2026
  • 1 reply
  • 19 views
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    1 reply

    DaveF1006
    Level 15
    April 7, 2026

    Using TurboTax, follow these steps:

     

    1. Locate "Federal Taxes" or "Income": Look for the section titled Wages & Income. 
    2. Find "Interest and Dividends": Select the option for Dividends on 1099-DIV.
    3. Enter your 1099-DIV data: When you manually enter the form, look specifically for the field labeled Box 9 (Cash Liquidation Distributions).
    4. The software will ask for your Cost Basis (what you originally paid for the stock) and other information to report the disposition of the dividend.
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