Broker statement shows a $6 ETF dividend received 1/2/09 on
our 2008 1099.
Bivio doesn't show it in 2008 income.
On the other hand:
Bivio shows a $12 ETF dividend received 1/4/08 as 2008
income. Broker doesn't show it as 2008 income, must have
been on 2007 1099.
Do I adjust Bivio to match broker, or do I ignore the
difference?
This is holding up my printing of tax forms.

But why does it happen? Why is a cash receipt for a
cash-basis taxpayer get treated as if it's accrued income?
T.
iras1 wrote:
> The correct thing to do is adjust bivio to match the 1099 as it is correct in this case. However, the net change is going to be $6, which, when divided among your members is too small to worry about.
>  
> Ira Smilovitz
>  
>  
>  
> In a message dated 02/16/09 22:36:09 Eastern Standard Time, cic@bivio.com writes:
>
>
>
> .aolmailheader {font-size:8pt; color:black; font-family:Arial}
> a.aolmailheader:link {color:blue; text-decoration:underline; font-weight:normal}
> a.aolmailheader:visited {color:magenta; text-decoration:underline; font-weight:normal}
> a.aolmailheader:active {color:blue; text-decoration:underline; font-weight:normal}
> a.aolmailheader:hover {color:blue; text-decoration:underline; font-weight:normal}
>
> Broker statement shows a $6 ETF dividend received 1/2/09 on
> our 2008 1099.
> Bivio doesn't show it in 2008 income.
> On the other hand:
> Bivio shows a $12 ETF dividend received 1/4/08 as 2008
> income. Broker doesn't show it as 2008 income, must have
> been on 2007 1099.
> Do I adjust Bivio to match broker, or do I ignore the
> difference?
> This is holding up my printing of tax forms.
>
>  
> A Good Credit Score is 700 or Above. See yours in just 2 easy steps!

I'm thinking I'll just use Bivio as is, rather than try to
remember each year to back out the previous year's
adjustment and insert a new one. If the IRS objects, I'll
just ask for the "Geithner Penalty" (two I'm sorry's, one
I'll-do-better-tomorrow, and no cash required).
Thomas Hardy wrote:
> But why does it happen? Why is a cash receipt for a
> cash-basis taxpayer get treated as if it's accrued income?
> T.
> iras1 wrote:
> > The correct thing to do is adjust bivio to match the 1099 as it is correct in this case. However, the net change is going to be $6, which, when divided among your members is too small to worry about.
> >  
> > Ira Smilovitz
> >  
> >  
> >  
> > In a message dated 02/16/09 22:36:09 Eastern Standard Time, cic@bivio.com writes:
> >
> >
> >
> > .aolmailheader {font-size:8pt; color:black; font-family:Arial}
> > a.aolmailheader:link {color:blue; text-decoration:underline; font-weight:normal}
> > a.aolmailheader:visited {color:magenta; text-decoration:underline; font-weight:normal}
> > a.aolmailheader:active {color:blue; text-decoration:underline; font-weight:normal}
> > a.aolmailheader:hover {color:blue; text-decoration:underline; font-weight:normal}
> >
> > Broker statement shows a $6 ETF dividend received 1/2/09 on
> > our 2008 1099.
> > Bivio doesn't show it in 2008 income.
> > On the other hand:
> > Bivio shows a $12 ETF dividend received 1/4/08 as 2008
> > income. Broker doesn't show it as 2008 income, must have
> > been on 2007 1099.
> > Do I adjust Bivio to match broker, or do I ignore the
> > difference?
> > This is holding up my printing of tax forms.
> >
> >  
> > A Good Credit Score is 700 or Above. See yours in just 2 easy steps!