Liquidating dividend calculation dating a gretsch broadkaster guitar
Dividends are distributions of money, stock, or other property paid to you by a corporation or by a mutual fund.
Use Form 8814, Parents' Election To Report Child's Interest and Dividends, for this purpose.
These payments can be issued to stockholders if a company claims bankruptcy or when company management sells off the assets of the company upon liquidation and subsequently passes the proceeds on to the company's shareholders.
You also may receive dividends through a partnership, an estate, a trust, or an association that is taxed as a corporation.
Paid after satisfying all corporate debts, the liquidating dividend is meant to provide a return on investment.
A corporation issues these dividends if it plans to terminate its business or if it plans to merge with another corporation under a new name.