club_cafe: Non dividends

iras1 on

As I just replied, change the transaction from ordinary dividend to return of capital. You should prepare an amended return, but the differences will be minor.

Ira Smilovitz

In a message dated 03/04/2008 10:45:30 P.M. Eastern Standard Time, moyharding@bivio.com writes:

I also received a corrected 1099 whereby our ordinary
dividends were reduced by 11.88 from our REIT and was
classified as non-dividends. How is this recorded on the
tax program? Should the tax form be redone and K-1's
reprinted?

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