You have got posted the 1099-DIV accurately. If this is the ultimate liquidation you can establish in the event you've had a attain ir a loss. If It's not necessarily a last liquidation and you have not exceeded Anything you paid to the inventory it's not necessary to report nearly anything additional.
Liquidating distributions, at times called liquidating dividends, are distributions you receive throughout a partial or finish liquidation of a corporation.
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Thank you in your reaction. Even so, I double checked with my broker & they don't know whether it is a partial or ultimate distribution or not. It is really from a really old stock that was taken above quite a long time in the past & now it can be Keeping corporation. Not a soul appears to have any documents on it.
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You adjust the fee foundation of the inventory or mutual fund by the amount of the partial liquidation demonstrated in Box 8 or Box nine, then when you finally market the stock you can make use of the reduced Charge basis as the acquisition cost of the inventory.
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