Monday, July 12, 2010

On my tax return, how do I declare a cash dividend received as part of a company who was acquired?

I owned a stock of a company that was acquired. I received shares of the parent company, as well as a one-time cash dividend. How do I declare this dividend, in my tax return?

On my tax return, how do I declare a cash dividend received as part of a company who was acquired?
The company should issue a 1099-DIV. Reorganization can be complicated and sometimes the distributions are non-taxable.





The dividend, if it is truly that, is reported on schedule B.


No comments:

Post a Comment