topic How do i report cash liquidationdistributions on 1099-div box 9? in Get your taxes done using TurboTax

How do i report cash liquidationdistributions on 1099-div box 9?

teddy_b22 — Mon, 23 Feb 2026 12:47:43 GMT

box 1a, 1b, and 2a are blank. only box 9 as info

Re: How do i report cash liquidationdistributions on 1099-div box 9?

Critter-3 — Sat, 11 Feb 2023 17:00:41 GMT

Box 9 is informational only to be used to adjust your cost basis. You do not enter it into the TurboTax program.

Re: How do i report cash liquidationdistributions on 1099-div box 9?

teddy_b22 — Sat, 11 Feb 2023 17:02:38 GMT

then how do i report the income?

Re: How do i report cash liquidationdistributions on 1099-div box 9?

Critter-3 — Sat, 11 Feb 2023 18:01:05 GMT

It's not income... it's reduction of your cost basis of the underlying stock. Once your stock basis goes to zero then any excess will be reported as capital gain on the schedule d.