You may have posted the 1099-DIV correctly. If this is the remaining liquidation you could establish for those who've experienced a attain ir a loss. If It's not necessarily a ultimate liquidation and you've got not exceeded Everything you paid out for the stock it's not necessary to report anything at all even more.
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Any liquidating distribution you get is not taxable to you personally right until you've recovered The idea of your respective stock. Following the basis of your inventory continues to be decreased to zero, you have to report the liquidating distribution as being a money obtain.
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These distributions are, at the least partly, one particular kind of a return of capital. They may be compensated in a number of installments. You might receive Form 1099-DIV in the Company showing you the amount of the liquidating distribution in box 8 or 9.
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Liquidating distributions, in some cases called liquidating dividends, are distributions you receive throughout a partial or total liquidation of a company.
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