I am dissolving C Corp and filing last 1120 tax return. There is one vehicle in corp that is being distributed out as 1099-Div non cash liquid distribution. There is a loss on this vehicle (no depreciation has been taken in 2 years). I know where to report the loss on the 1120 nut where do I report the non cash distribution on the 1120?

on 1120 sch m2 5 c. If the property’s value is lower than its tax basis,
however, a sale followed by a distribution of the cash proceeds may be the better way to go.