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teddy_b22
New Member

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

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

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

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

teddy_b22
New Member

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

then how do i report the income?

 

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

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.

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