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Get your taxes done using TurboTax
Hi Mary,
Are you absolutely sure? This was a special one time dividend. The stock price fell by the exact same amount as the dividend itself, so there was really no “profit” from receiving this income in any way. It feels wrong to be paying taxes on it as a regular dividend. Are you sure this is the correct way to report it? By stating zero cost basis?
May 14, 2021
7:35 PM