club_cafe: Qualified Dividends

iras1 on

In a message dated 2/16/2004 2:46:58 AM Eastern Standard Time, wtaylor3@bivio.com writes:

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.

It is your responsibility to file an accurate return. You must review all your entries and determine whether you or the broker is correct and adjust accordingly.

Ira Smilovitz

Rob Nagler on

IraS1@aol.com writes:
> It is your responsibility to file an accurate return. You must review all
> your entries and determine whether you or the broker is correct and adjust
> accordingly.

With the complexities of the tax laws this year, you may find your
1099 is incorrect. We have seen several cases of this. This is why
you need to go through all the reported transactions. If it is an
error in bivio or the broker, we want to know about it so we can tell
other users who have faced similar problems. If it is an error on the
broker's part, you probably want to tell them so they can fix their
software for next year.

Rob

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