IraS1@aol.com wrote:
> In a message dated 2/7/2006 5:52:37 P.M. Eastern Standard Time,
> sandy_starr@bivio.com writes:
> My K-1's
> have the same dividend amount in both ordinary and
> qualified
> dvidends.  Why?  When I look at other Bivio
> reports I only see
> the word qualified. How do I get this
> amount out of ordinary-or does it not
> matter?
> Thanks for the help!!
> It belongs in ordinary. Qualified dividends are a subset of ordinary
> dividends. Therefore, the ordinary dividend number must be at least as large as
> the qualified dividends number.
>
>
>
> I just went back and elected to not have the
> consolidated
> audit thing -so that is no longer checked.  It seemed
> like a
> lot of unnecessary work for a smallish club without a lot
> of
> exense or income.  Have others done the same?  Does
> NAIC
> still recommend form 8869 or whatever?
> That's been my recommendation (no election) to anyone who asks me.
>  
> Ira Smilovitz
>
>  so it is normal to have the same number in both ordinary and qualified?
>
>