IraS1@aol.com wrote:
> You need to look at each of your dividend entries to confirm. The most
> likely explanation would be money market dividends. They are nonqualified.
>  
> Ira Smilovitz
>  
>
> In a message dated 01/07/08 12:47:11 P.M. Eastern Standard Time,
> ctrue@bivio.com writes:
> On the
> income statement report for the year, why is  the
> amount of qualified
> dividends less than total dividends.  It
> seems to me that all our
> dividends are qualifed.  When the
> transaction downloads from our
> broker account, there is
> always a notation that says "qualified
> dividend"
>
>
>
> Start the year off right. Easy ways to stay in shape in the new year.

I was not talking about money market interest. Even the
amount of dividends for individual stocks is different. I
was thinking - do I have to manually go through each
dividend transaction and put in the record date. I thought
that if the transaction said qualified it would record that
way. Maybe not??

IraS1@aol.com wrote:
> You need to look at each of your dividend entries to confirm. The most
> likely explanation would be money market dividends. They are nonqualified.
>  
> Ira Smilovitz
>  
>
> In a message dated 01/07/08 12:47:11 P.M. Eastern Standard Time,
> ctrue@bivio.com writes:
> On the
> income statement report for the year, why is  the
> amount of qualified
> dividends less than total dividends.  It
> seems to me that all our
> dividends are qualifed.  When the
> transaction downloads from our
> broker account, there is
> always a notation that says "qualified
> dividend"
>
>
>
> Start the year off right. Easy ways to stay in shape in the new year.

Carolyn True wrote:
> I was not talking about money market interest. Even the
> amount of dividends for individual stocks is different. I
> was thinking - do I have to manually go through each
> dividend transaction and put in the record date. I thought
> that if the transaction said qualified it would record that
> way. Maybe not??
>
Carolyn, my club's broker is TDAmeritrade, and AccountSync
and TDAmeritrade don't always work in sync. Perhaps your
broker is the same.

For 2007, I found that the notation "Qualified Dividend" on
the list that appears when I select
Accounts>youraccount>Transactions does not mean that that
dividend will be put into the Qualified Dividend column on
our Transaction History report, nor that it will be treated
as qualified in our Tax Allocation report.

When I looked at each dividend by selecting Accounts>TDA
MoneyMarket>Transactions and then clicking on Edit for each
dividend, many of our qualified dividends were listed as
"Dividend" and not "Qualified Dividend". For those the
ex-dividend date field was blank even though the Comments
field contained "QUALIFIED DIVIDEND". For those dividends,
I clicked "look up" for the ex-div date and then opened the
transaction type menu and chose Qualified dividend. That
cured the problem -- now all those dividends are in the
Qualified Dividend column on the Transaction History and the
total of qualified dividends on the tax allocation is
correct.

After that, I looked up the ex-div dates on the earnings.com
site and found that for all six companies in our portfolio
paying dividends, all the ex-div dates that bivio entered
were correct.

Even if the ex-div date were not correct for a dividend, as
long as you know the dividend is qualified and the dividend
is treated as qualified in the tax allocation, I don't think
the incorrect ex-div date would be a problem, unless it
bothers you to have it wrong. I have to confess, it would
bother me <g>.

Good luck with your dividends --

Ed Berners
in South Bend, iN