JulieS
Expert Alumni

Investors & landlords

It depends on the source of your "unrealized capital gains".

 

Is this actually long term capital gains distributions from box 2a of your 1099-DIV?

 

Capital gains distributions are not unrealized gains. They are realized gains from within a mutual fund or company in which you have invested. The gain is passed to you through Form 1099-DIV and it is taxable income to you. 

 

If your capital gains are the total of your gains from stock transactions plus your box 2a from 1099-DIV, everything is correct. There is no "unrealized" gain.

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