- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Are 1099-DIV Box 2a Capital Gain Distributions on which I paid taxes added to the cost basis of my REIT?
June 1, 2019
10:12 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
If you reinvest the capital gains into the REIT, it is added to your cost basis as a purchase of shares, thereby raising your average cost in the REIT. If you are just receiving it in cash, then no, it does not add to your basis.
June 1, 2019
10:12 AM