What action do we take when there is a decrepancy in the
amount report on our 1099 from our broker? The tax report we
did through Bivio shows our qualified dividends as slightly
higher.

Wesley Taylor, Jr. wrote:
> What action do we take when there is a decrepancy in the
> amount report on our 1099 from our broker? The tax report we
> did through Bivio shows our qualified dividends as slightly
> higher.

A lesson learned is that you must check your records against
the broker's End Of Year 1099 to make sure that there are
no decrepancies . Our broker did a reversal, I believe they
made a mistake in which they had to correct it and Bivio
AccountSync did not recognized the reversal in which our
dividends End of Year report was higher than what was shown
on the 1099. I had to go in and delete the entry.