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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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To: netwatcher who wrote (22252)1/30/1999 6:36:00 PM
From: JGoren  Read Replies (1) of 152472
 
LWIN is supposed to send us a 1099. The only way I know to "avoid" paying taxes on the dividend distribution is if you have investment interest expense and use that to offset the dividend. There is something on the website about reducing your basis in Qcom shares as a return of capital but I don't understand that. See your tax adviser.
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