Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 22, 2024 8:44:16 PM

Do I need to report my non dividend distributions?

0 2 613
2 Replies
Level 10
Feb 22, 2024 9:59:38 PM
Expert Alumni
Feb 25, 2024 7:42:00 AM

In most cases, no. A non-dividend distribution is a return of your investment. These distributions reduce your basis in the stock or mutual fund and aren't taxed until your basis (original investment) is reduced to zero.

 

However, if the distribution reduced your basis beyond your original investment, you would report the distribution as a capital gain on Schedule D (Investment Sale).