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Level 2
March 8, 2021
Solved

Where di I enter a cash liquidation dividend from box 9 of 1099-DIV?

  • March 8, 2021
  • 5 replies
  • 18 views
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Best answer by IRonMaN

Ask the client or their finance dude or dudess for the basis information.  This is a liquidating dividend, not a sale, so there is a good chance you have no gain or loss on the transaction.

5 replies

IRonMaN
Level 15
March 8, 2021

Schedule D

Slava Ukraini!
fhermanceAuthor
Level 2
March 8, 2021

The basis was not reported to me or whether it was long term or short term - how do I handle this on schedule D?

IRonMaN
IRonMaNAnswer
Level 15
March 8, 2021

Ask the client or their finance dude or dudess for the basis information.  This is a liquidating dividend, not a sale, so there is a good chance you have no gain or loss on the transaction.

Slava Ukraini!