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2014 Combined 1099 lists payments from 2015
How do we account for payments dated in 2015 on the 1099 that are NOT in Bivio for 2014?
 
This is for Digital Realty Trust and these are reported on the 2014 combined 1099
 
01/15/15 31.11 Nonqualified dividend 03
01/15/15 5.77 Long-term capital gain 03
01/15/15 1.05 Unrecaptured section 1250 gain 03
 
BIVIO lists the total amount of $62.25 as an ORDINARY DIVIDEND for 01-15-15
 
Should I change the date in BIVIO to 12-31-14 and parse out the amounts as the combined 1099 indicates?
 

Sheryl Story
Law Offices of Sheryl Story
A Staff Counsel Office of CNA
One Galleria Boulevard, Suite 1610
Metairie, LA 70001-7551
Direct line 504-841-5137                Fax - Toll Free 866-649-3893
Blackberry 504-957-1608         e-mail
sheryl.story@cna.com
For information about CNA Staff Counsel visit our
Staff Counsel Website
Please consider the environment before printing this e-mail

 


NOTICE: This e-mail message, including any attachments and appended messages, is for the sole use of the intended recipients and may contain confidential and legally privileged information.
If you are not the intended recipient, any review, dissemination, distribution, copying, storage or other use of all or any portion of this message is strictly prohibited.
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Yes.

Ira Smilovitz

On Mon, Mar 9, 2015 at 3:03 PM, Story,Sheryl D. <Sheryl.Story@cna.com> wrote:
How do we account for payments dated in 2015 on the 1099 that are NOT in Bivio for 2014?
This is for Digital Realty Trust and these are reported on the 2014 combined 1099
01/15/15 31.11 Nonqualified dividend 03
01/15/15 5.77 Long-term capital gain 03
01/15/15 1.05 Unrecaptured section 1250 gain 03
BIVIO lists the total amount of $62.25 as an ORDINARY DIVIDEND for 01-15-15
Should I change the date in BIVIO to 12-31-14 and parse out the amounts as the combined 1099 indicates?

Sheryl Story
Law Offices of Sheryl Story
A Staff Counsel Office of CNA
One Galleria Boulevard, Suite 1610
Metairie, LA 70001-7551
Direct line 504-841-5137 Fax - Toll Free 866-649-3893
Blackberry 504-957-1608 e-mail
sheryl.story@cna.com
For information about CNA Staff Counsel visit our
Staff Counsel Website
Please consider the environment before printing this e-mail


NOTICE: This e-mail message, including any attachments and appended messages, is for the sole use of the intended recipients and may contain confidential and legally privileged information.
If you are not the intended recipient, any review, dissemination, distribution, copying, storage or other use of all or any portion of this message is strictly prohibited.
If you received this message in error, please immediately notify the sender by reply e-mail and delete this message in its entirety.


Ira Smilovitz:
THANK YOU SO MUCH !!!!
But now I have another question:
The total amounts on the 1099 reported as 01-15-15 do not equal the amounts in BIVIO.
How do I account for the $24.32 difference?
 
Bivio says total on 01-15-15 was $62.25 Ordinary Dividend
2014 consolidated 1099 total Dividends and Distributions for 01-15-15 is $37.93
2014 consolidated 1099 reports the difference of $24.32 as "Other Receipts" and this explanation is in a foot note: 
"Although distributions by mutual funds or REITS are ordinarily reported in the year of record date (2014), the payer will not determine the tax character of this distribution until the conclusion of 2015.  It will be reported on your Form 1099 for that year.
 
I am inclined to adjust BIVIO to reflect:
 
12/31/2014  $ 31.11 Nonqualified dividend
12/31/2014  $
5.77 Long-term capital gain
12/31/2014 
$1.05 Unrecaptured section 1250 gain
 
01/15/15  $24.32 Ordinary Dividend
 
Do you think that is appropriate?
 

Sheryl Story
Law Offices of Sheryl Story
A Staff Counsel Office of CNA
One Galleria Boulevard, Suite 1610
Metairie, LA 70001-7551
Direct line 504-841-5137                Fax - Toll Free 866-649-3893
Blackberry 504-957-1608         e-mail
sheryl.story@cna.com
For information about CNA Staff Counsel visit our
Staff Counsel Website
Please consider the environment before printing this e-mail

 


From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of ira smilovitz
Sent: Monday, March 09, 2015 3:47 PM
To: club_cafe@bivio.com
Subject: Re: [club_cafe] 2014 Combined 1099 lists payments from 2015

Yes.

Ira Smilovitz

On Mon, Mar 9, 2015 at 3:03 PM, Story,Sheryl D. <Sheryl.Story@cna.com> wrote:
How do we account for payments dated in 2015 on the 1099 that are NOT in Bivio for 2014?
 
This is for Digital Realty Trust and these are reported on the 2014 combined 1099
 
01/15/15 31.11 Nonqualified dividend 03
01/15/15 5.77 Long-term capital gain 03
01/15/15 1.05 Unrecaptured section 1250 gain 03
 
BIVIO lists the total amount of $62.25 as an ORDINARY DIVIDEND for 01-15-15
 
Should I change the date in BIVIO to 12-31-14 and parse out the amounts as the combined 1099 indicates?
 

Sheryl Story
Law Offices of Sheryl Story
A Staff Counsel Office of CNA
One Galleria Boulevard, Suite 1610
Metairie, LA 70001-7551
Direct line 504-841-5137                Fax - Toll Free 866-649-3893
Blackberry 504-957-1608         e-mail
sheryl.story@cna.com
For information about CNA Staff Counsel visit our
Staff Counsel Website
Please consider the environment before printing this e-mail

 


NOTICE: This e-mail message, including any attachments and appended messages, is for the sole use of the intended recipients and may contain confidential and legally privileged information.
If you are not the intended recipient, any review, dissemination, distribution, copying, storage or other use of all or any portion of this message is strictly prohibited.
If you received this message in error, please immediately notify the sender by reply e-mail and delete this message in its entirety.



NOTICE: This e-mail message, including any attachments and appended messages, is for the sole use of the intended recipients and may contain confidential and legally privileged information.
If you are not the intended recipient, any review, dissemination, distribution, copying, storage or other use of all or any portion of this message is strictly prohibited.
If you received this message in error, please immediately notify the sender by reply e-mail and delete this message in its entirety.

Please send a copy of the 1099 to support@bivio.com and someone will look at this in detail. If you want to be sure that I'm the one to review it, just include my name in the subject line.

Ira Smilovitz

On Mon, Mar 9, 2015 at 5:08 PM, Story,Sheryl D. <Sheryl.Story@cna.com> wrote:
Ira Smilovitz:
THANK YOU SO MUCH !!!!
But now I have another question:
The total amounts on the 1099 reported as 01-15-15 do not equal the amounts in BIVIO.
How do I account for the $24.32 difference?
Bivio says total on 01-15-15 was $62.25 Ordinary Dividend
2014 consolidated 1099 total Dividends and Distributions for 01-15-15 is $37.93
2014 consolidated 1099 reports the difference of $24.32 as "Other Receipts" and this explanation is in a foot note:
"Although distributions by mutual funds or REITS are ordinarily reported in the year of record date (2014), the payer will not determine the tax character of this distribution until the conclusion of 2015. It will be reported on your Form 1099 for that year.
I am inclined to adjust BIVIO to reflect:
12/31/2014 $ 31.11 Nonqualified dividend
12/31/2014 $
5.77 Long-term capital gain
12/31/2014
$1.05 Unrecaptured section 1250 gain
01/15/15 $24.32 Ordinary Dividend
Do you think that is appropriate?

Sheryl Story
Law Offices of Sheryl Story
A Staff Counsel Office of CNA
One Galleria Boulevard, Suite 1610
Metairie, LA 70001-7551
Direct line 504-841-5137 Fax - Toll Free 866-649-3893
Blackberry 504-957-1608 e-mail
sheryl.story@cna.com
For information about CNA Staff Counsel visit our
Staff Counsel Website
Please consider the environment before printing this e-mail



From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of ira smilovitz
Sent: Monday, March 09, 2015 3:47 PM
To: club_cafe@bivio.com
Subject: Re: [club_cafe] 2014 Combined 1099 lists payments from 2015

Yes.

Ira Smilovitz

On Mon, Mar 9, 2015 at 3:03 PM, Story,Sheryl D. <Sheryl.Story@cna.com> wrote:
How do we account for payments dated in 2015 on the 1099 that are NOT in Bivio for 2014?
This is for Digital Realty Trust and these are reported on the 2014 combined 1099
01/15/15 31.11 Nonqualified dividend 03
01/15/15 5.77 Long-term capital gain 03
01/15/15 1.05 Unrecaptured section 1250 gain 03
BIVIO lists the total amount of $62.25 as an ORDINARY DIVIDEND for 01-15-15
Should I change the date in BIVIO to 12-31-14 and parse out the amounts as the combined 1099 indicates?

Sheryl Story
Law Offices of Sheryl Story
A Staff Counsel Office of CNA
One Galleria Boulevard, Suite 1610
Metairie, LA 70001-7551
Direct line 504-841-5137 Fax - Toll Free 866-649-3893
Blackberry 504-957-1608 e-mail
sheryl.story@cna.com
For information about CNA Staff Counsel visit our
Staff Counsel Website
Please consider the environment before printing this e-mail


NOTICE: This e-mail message, including any attachments and appended messages, is for the sole use of the intended recipients and may contain confidential and legally privileged information.
If you are not the intended recipient, any review, dissemination, distribution, copying, storage or other use of all or any portion of this message is strictly prohibited.
If you received this message in error, please immediately notify the sender by reply e-mail and delete this message in its entirety.



NOTICE: This e-mail message, including any attachments and appended messages, is for the sole use of the intended recipients and may contain confidential and legally privileged information.
If you are not the intended recipient, any review, dissemination, distribution, copying, storage or other use of all or any portion of this message is strictly prohibited.
If you received this message in error, please immediately notify the sender by reply e-mail and delete this message in its entirety.