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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (72373)2/19/2023 9:28:01 PM
From: Elroy  Read Replies (1) of 78717
 
I'm looking at my previous years' taxes.

For WMB, they dividend is split into Dividend and Non Dividend Distribution, but the TD 1099 just lumps the two together and calls them dividend income. So I think I've likely been paying taxes on the WMB and BGS ROC dividend income because the 1099 puts the ROC dividend into the same bucket as other dividend income.

I wonder why TD would reports Tax Free ROC income on the 1099 next to dividend income, and then add the two totals together in summary form to have one big total dividend income number? It sure makes it looks like the ROC income is taxable.....
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