Yes. When you receive your 1099-DIV there is not a problem with entering the information for your tax return. TurboTax can handle your tax situation.
A nondividend distribution is a distribution that is not paid out of the earnings and profits of a corporation. Any nondividend distribution you receive is considered a return of your capital or investment and is not taxable to you until you recover your cost basis in the financial asset or stock.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
