HelenC12
Expert Alumni

Investors & landlords

@Xarax 

 

From the information provided, it appears the mutual fund has issued a capital gain distribution (not a sale) and that is why you received form 1099-DIV. The fact that you transferred the money from one institution to another is irrelevant. You would have received the 1099-DIV even if you didn't transfer financial institutions. 

  • Note: Form 1099-DIV Box 2a. Shows total capital gain distributions from a regulated investment company (RIC) or real estate investment trust (REIT). 

[Edited 2-6-22|8:35 am PST]

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"