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Retirement tax questions
The numbers in both of those boxes are also included in your income reported in box 1(a) or 2(a). So, that income is reported on your tax return. The entries you refer to are informing you that you have income associated with section 897 gain, which is gains associated with real property. You can read the literature that may have come with your dividend statement to determine if they have any special tax consequences to you. Otherwise, they do not need to be entered on your tax return, as the income is included by virtue of the entries in boxes 1(a) or 2(a).
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‎February 4, 2022
5:29 PM