About MJSQNA

Level 1

Member profile

Latest badges earned

Replies
Posts

Solved Re: After entering the 1099-DIV, TurboTax should direct you t...

@DianeW777Yes, I understand that it is time to report the over cost basis amount received as a gain...but how do I do that on the TurboTax Home and Business 202...

MJSQNA

1

Updated Mar 16, 2023
Solved Re: After entering the 1099-DIV, TurboTax should direct you t...

"If this liquidation is a final distribution from the company, you need to report a sale of the stock on Schedule D."- from JulieSBut, I don't think it is a fin...

MJSQNA

4

Updated Mar 16, 2023
Solved Re: After entering the 1099-DIV, TurboTax should direct you t...

Awesome! Thank you. I will post again if I run into any software hangups if that is okay. @JulieS

MJSQNA

Updated Mar 16, 2023
Solved Re: Not that I can remember. I'm waiting for response from t...

@JohnB5677How do we report it as a capital gain once we have received cash liquidation distributions that zero out the cost basis? It does not show up as a 2a c...

MJSQNA

Updated Mar 16, 2023
Solved Re: After entering the 1099-DIV, TurboTax should direct you t...

I cannot seem to find the "investment income" section that the software is referring to in regards to the cash liquidation entries that it is supposed to "help"...

MJSQNA

7

Updated Mar 16, 2023

Membership stats

Public Statistics

Date Registered	‎March 14, 2023 2:02 PM
Date Last Visited
Total Messages Posted	5

Quick links

©1997-2024 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

Security Certification of the TurboTax Online application has been performed by C-Level Security.

By accessing and using this page you agree to the Terms of Use.