@hixen26 wrote:
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Why isn't the percentage of a particular fund multiplied only by the dividends received from that fund?
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Correct...As you suspected, you only apply the % to the dividends actually distributed from each individual fund...not to the gross 1a $$.
Box 1a can contain dividends from all sorts of sources as a total, including individual stocks you might own.
So you have to use your supplemental sheets to find out exactly how many $$ a particular fund issued, multiply that by a %, then repeat for each and every Mutual fund that had any US Govt Bonds in it.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
