Is the amount shown on a 1099-DIV Box 2a Total Capital Gain Distributions from a REIT taxable?
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1 Best answer
Bsch4477
Level 15
Jun 1, 2019 8:29:43 AM
Yes.
5 Replies
Bsch4477
Level 15
Jun 1, 2019 8:29:43 AM
Yes.
marievbritt
Level 2
Jun 1, 2019 8:29:45 AM
Thank you. Will you please let me know where this amount appears on my 1040. It's not on Form 8949 with all my other capital gains/losses. I input the amount in the proper space on my 2016 (I'm just beginning my 2017) Turbo Tax premier.
Bsch4477
Level 15
Jun 1, 2019 8:29:47 AM
It will be included in the amount on line 13 of your 1040 and will be reflected on Sch D
marievbritt
Level 2
Jun 1, 2019 8:29:48 AM
If it is included in the totals on Schedule D, shouldn't this capital gain be listed on Form 8949 as all my others are? Thanks.
Bsch4477
Level 15
Jun 1, 2019 8:29:49 AM
No. That form records capital gains (or losses) as a result of stock sales.