Good News. Non Dividend Distribution was reported on Box 3. So I need to keep this information for future Sale cost basis adjustment but NOT reportable and Taxable this Time? Correct?
I imported my 1099 into Turbo Tax. Where do I see this information?
When I ran Step BY Step under Wages &Income then Interest/div 100--int, 1099 Div. I do see items like tot ordinary div, qual dividend, Cap Gain Dist. But there was No box where I could see Box 3 numbers.
I did ran Forms and under Sch. B and then From 1099- Div. I did find All boxed listed.
I did remove Box 3 number, but it did NOT change my tax due amount. Non Dividend Distribution is NOT calculated for taxes? or is it possible item might be in more than 1 location?
