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Level 2
March 16, 2020
Solved

If the1099-DIV from Fidelity shows a Total Capital Gain Distribution of $24.71, does that mean yes I did sell investments? I have no 1099-B form.

  • March 16, 2020
  • 3 replies
  • 62 views
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Best answer by RobertG

Just report the amount of capital gain distributions in box 2a of the 1099-DIV.

 

Sometimes dividend distributions are classified as capital gain distributions.  It does not mean that you sold investments. They don't need to be reported anywhere else.

 

 

 

3 replies

RobertG
RobertGAnswer
Alumni - Intuit
March 16, 2020

Just report the amount of capital gain distributions in box 2a of the 1099-DIV.

 

Sometimes dividend distributions are classified as capital gain distributions.  It does not mean that you sold investments. They don't need to be reported anywhere else.

 

 

 

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Level 2
March 16, 2020

Many thanks!

Level 15
March 16, 2020

No, you didn’t sell investments.  Just report the capital gain on your 1099-DIV.