cwycislak
New Member

Business & farm

So according to my example I would show $1500 in box 8 and $2000 in Box 9 on each 1099-Div.  OK.  So does $7000 (total distribution) go on Line 7 on Schedule M-2?  Won't I need to show the FMV on a schedule to each s/h showing their new basis of the assets received?