Re: Schedule D form

Forum|Forum|3 years ago
April 14, 2023
1 reply
5 views

I am using TurboTax Deluxe for the first time for filing my 2022 return. I have a 1099--DIV with a liquidating dividend in Box 9. I entered it in TurboTax but I don't see a schedule D or anything that adds it to my 2022 income 1040 SR in the completed 1040 after proving the information on TurboTax.

Why is TurboTax not reporting it?

Thank you.

AbrahamT

Level 8

Because liquidating dividends are only taxable if it affects your basis. It is usually issued when when a company is in the process of liquidating and so if they are making a distribution to you, it is in the form of a return of capital and not taxable. However, if it is a distribution in excess of your capital, only then would it be taxable.

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