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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (25968)	2/9/2003 7:56:12 PM
From: orkrious	Read Replies (1) \| Respond to of 57110

Can't your dividends paid be treated as a dividend loss and be written off against dividend gains? that's what I assumed would be the way to handle them, and all this year I have been keying dividends paid into Quicken as a negative dividend received. I started doing my taxes this morning and I noticed that the 1099 I received from Harris only shows the dividend received; there is no offset for dividends paid. consequently, I'm guessing you reduce your sales basis for the cost of the dividend paid. I posted the question on several threads and no one has given me an answer, which is surprising. I'll guess I'll have to ask my accountant