jmj7226
New Member

Investors & landlords

Along these lines, my wife received stock following her mother's death.  It was transferred to my wife over a year later and remained in the same brokerage fund.  No stock was sold.  The 1099-DIV shows over 15K of capital gains distributions on line 2a.  Is this actually a capital gains distribution since no stock was sold?  Did the brokerage service provide the correct form/calculation?  Any assistance you may provide would be appreciated.