MDT DIVIDEND ALERT
| HelpRegister |
MDT DIVIDEND ALERT Fidelity has a preliminary 1099 available. My Bivio dividends and the 1099 didn't match with the only difference being MDT. Per Fidelity, the 4/17/15 and 7/17/15 MDT dividends had part of the $$$ recategorized as return of capital. The amt of the return of capital is in the section "Other Distributions, Tax and Expense Detail"; the dividends are under"Total Ordinary Dividends and Distributions Detail". All you need do is edit the 4/17 and 7/17 bivio transactions to reflect this. On our 1099 from TDAmeritrade, part of three MDT 2015 dividends have been recategorized: 4/17/15, 7/17/15 and 10/16/15. Editing these to record the Return of Capital will fix the dividends discrepancies; in addition, these entries will reduce MDT's cost basis on bivio. We should be sure the broker account also shows a cost basis reduction to match bivio's. From: VIA via bivio.com <user*27500300001@bivio.com> To: The Club Cafe <club_cafe@bivio.com> Sent: Sunday, February 21, 2016 4:51 PM Subject: [club_cafe] MDT DIVIDEND ALERT Fidelity has a preliminary 1099 available. My Bivio dividends and the 1099 didn't match with the only difference being MDT. Per Fidelity, the 4/17/15 and 7/17/15 MDT dividends had part of the $$$ recategorized as return of capital. The amt of the return of capital is in the section "Other Distributions, Tax and Expense Detail"; the dividends are under"Total Ordinary Dividends and Distributions Detail". All you need do is edit the 4/17 and 7/17 bivio transactions to reflect this. |
|
||||||