How to report cash liquidation distributions


J

Jay

Taxpayer received form 1099-DIV for shares in a company, and
only box 8 is filled in (cash liquidation distributions).
The company had wrapped up its operation, and box 8
correctly reports what the taxpayer received for the shares.

Should this item be reported on schedule D, along with the
shares' basis, to get a capital gain/loss? This seems like
the logical thing to do, but it was a bit confusing to
receive a 1099-DIV instead of a 1099-B.
 
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