You did not say what was sold that you received a disbursement of the proceeds.
In general, if you received part of the proceeds from a sale, the sale would be reported on Schedule D as a capital gain/loss. You would report what was sold, when you received (or inherited) it, the date it was sold, the proceeds of the sale, and the cost basis of the item sold.
For example, if the sale was for an inherited house and you inherited it with one other person, then you would each report 50% of the total cost basis of the house and 50% of the total proceeds of the sale to determine if there is a capital gain or loss.
Take a look at the following TurboTax help article for more information and details:
Where do I enter the sale of a second home, an inherited home, or land on my 2023 taxes?
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