SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (72377)2/20/2023 12:59:28 PM
From: Elroy  Read Replies (1) of 78711
 
There is a section titled Nondividend Distributions (Return Of Capital) which totals to Box 3. I have several REITs along w/ KMI & WMB that go into that total for BOX 3. I suspect BGS will get adjusted as I described in my earlier post and be added to this section and the total for BOX 3.

Thanks for this, now I understand the 1099 better. You're correct that the BGS "non-dividend distributions" don't flow into the Dividends and Distributions 1a or 1b box (which does get reported to the IRS), they flow into the "non-dividend distirbutions" box which does not get reported to the IRS.

I thought that "non-dividend distribution" box was only MLP distributions, but I guess it's lots of non-taxable payments from securities.

Oh well, there goes my big filing requesting a refund for overpaying over the years.......
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News