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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: duncan moyer who wrote (1)2/7/2004 5:16:37 PM
From: anandnvi  Read Replies (1) of 152472
 
This is about the dividends paid out by Qualcomm last year.

I received my consolidated 1099 forms from my broker for the tax year 2003.

THe 1099-DIV indicates that all the dividends I received for the year from Qualcomm (QCOM) are taxable (in box 1b). However, qualcomm.com spells out that only the dividends issued on 12/26/03 are taxable and the remaining 3 2003 dividend payments were non-taxable events.

As such, I would expect box 3 of the 1099-DIV (NONTAXABLE DISTRIBUTIONS) to report a non-zero number and box 1b to be adjusted by this amount.

How are fellow SI-ers dealing with this? I talked to my broker who said he couldn't help, and that they are not issuing a revised 1099.

Thanks for any help!
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