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Form 1099-DIV, Line 9 "Cash Liquidation Distributions from a coop.

RWS1
Level 1

I have a 1099- DIV with Line 9 filled out.   TurboTax says go to Investment Income under Wages & Income I cannot find anything about where to enter that information.  It comes from a Coop that sold out to a private business instead of going out of business.  I did not pay anything for stock in the coop other than doing business with them.  There is no Basis for the stock to calculate income.  What do I do?

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2 Comments 2
sjrcpa
Level 15

You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.


 


The more I know the more I don’t know.
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RWS1
Level 1

OK Thank you

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