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nondividend distribution from Dr. Pepper We received $3,700 from Dr. Pepper Snapple last year. This was from the buyout by Keurig. I thought this Was a regular dividend, but the 1099 shows it as a nondividend distribution. Can you tell me how this should be treated on the partner's k-1's & in Bivio? Thank you, Sharon Holley Fountain Valley Ladies Investment League Sent from my iPhone
I am sure Laurie can help better than I, but we had the same thing with an ETF (a nondividend distribution). It is a reduction in cost basis of the stock that you own. So you reduce the cost basis of the stock for which you received the distribution. Interesting that the purchase of Keurig resulted in a nondividend distribution. Peter Dunkelberger Sumner Stock Selectors Investment Club On Wed, Feb 20, 2019 at 11:03 AM Laurie Frederiksen <laurie@bivio.biz> wrote:
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