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