Thanks Ira, upon further review Bivio calculated it
correctly. We only held the stock for 21 calendar days,
therefore, it is not eligible for the qualified dividend
status (at least I understand the rules correctly and it
must be held 60 days). Our broker reported it as a qualified
dividend on our 1099 and I assumed (incorrectly) it was
correct.

I do have another question though, we shorted a stock and
had to pay the dividend that was paid while we were short.
In Bivio, the dividend is recorded as a return of capital.
I can't find any accounting of that on the 1065 or Schedule
D.

Any thoughts on this situation?

IraS1@aol.com wrote:
> In a message dated 2/15/2005 12:14:52 P.M. Eastern Standard Time,
> jonsjunk@bivio.com writes:
> The
> interview process has the option to select if a
> dividend is a
> qualified divident, but it does not print on
> the Form 1065 or any of the
> Schedule K-1s as a qualified
> dividend. Currently I will have to edit every
> Schedule K-1
> and email them to the members. If they print the
> K-1
> themselves, it will be incorrect.
>
> Any solution for this
> issue?
>
>
> Contact support@bivio.com.
>
> Ira Smilovitz