Bivio newbie needs help!

I'm afraid I'm still confused regarding the difference
between the "Dividend" and "Qualified Dividend" columns on
the bivio "Member Tax Allocations" Report for tax year 2006.

It is my understanding that "Qualified Dividends" are those
dividends which qualify for capital gains tax rates.
Generally all domestic common stock dividends are qualifying
if you own the underlying shares for more than 60 days in
the 121 day window surrounding the ex-dividend date. If all
of our dividends are Qualified Dividends from our
securities, then why would the "Dividend" column in bivio
have any numbers other than $0.00? Wouldn't all dividends
simply appear in the Qualified Dividend column?
In our case, how else would a member receive a "Dividend" if
it is not a "Qualified Dividend"? Do I need to do something
differently when I enter dividend data?

Thank you!

Bob Hooper
Tucson, AZ

> If all of our dividends are Qualified
> Dividends from our securities, then
> why would the "Dividend" column in
> bivio have any numbers other than
> $0.00? Wouldn't all dividends
> simply appear in the Qualified
> Dividend column?

Are you talking about the "Member Tax Allocations" report in
bivio? If so then, yes, the "Dividend" column should be all
zeros if all your dividends are "Qualified". On that report
the "Dividend" column includes only dividends that do not
appear in the "Qualified Dividend" column. (I.E., the
"Dividends" column on that report is not the same as what
you'd see under "Ordinary Dividends" on a 1099 or K-1.)

I suggest you run a "Transaction History" report using a
report date of 12/31/2006 (so you get the entire year).
Look for entries in the "Dividend" column there (look in all
sections of the report) to find where they're coming from.

-Jim Thomas

> I suggest you run a "Transaction History"
> report using a report date of 12/31/2006 ...

The "Income Statement" report should also show you where
your "Dividends" (i.e., not "Qualified Dividends") are
coming from.

-Jim Thomas

Mission accomplished! I was mistaken when I said all of our
dividends were qualified. I did not even think about the
dividends from our mutual fund! Sooooooooooooo, once again,
a huge "thank you" is extended to Gene, Jim, and Ira for
their assistance! This "newbie" is gradually becoming a
"knewbie"!

Best wishes to all,

Bob Hooper
Tucson, AZ