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Dd Form 1299

Dd Form 1299

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all right for this video I wanted to cover the IRS form 1099 div for dividends and distributions but more specifically we want to talk about a special kind of distribution which is reported in box 9 for cash liquidation distributions so most taxpayers get this kind of form every year from their broker it shows normally amounts in 1A or 1B for ordinary and qualified dividends but often you might get a 1099 div that shows an amount for a liquidation distribution so we want to talk about what that is and how that gets reported on the tax return so I've got the 1099 div here which will go through in more detail and then I have a sample tax return for our taxpayer where we're going to look at this fact pattern where he receives a liquidating distribution and then I have one slide here just covering some background on the 1099 div and then the fact pattern that we're going to be working with so brought oddly speaking the 1099 div again is used to report dividend distr

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