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Do I use the info on my Dec 31, 2019 instead of the Tax Info Statement from Pershing?

Pershing shows ordinary dividends of 5,685.84, Dec 31, 2019 shows total long term as proceeds of 56,110.75 cost basis 61,102.01, realized loss 4,983.00
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1 Reply
SusanY1
Expert Alumni

Do I use the info on my Dec 31, 2019 instead of the Tax Info Statement from Pershing?

Use the tax statement - but these are referring to different things.  You will report both the dividends and your capital loss. 

 

There are different sections in the program for each - and you will enter the dividends in the area for 1099-DIV (your Pershing tax statement should have an area for this on the form, usually just a fairly small block on one of the first few pages.) 

 

The section regarding the long term proceeds and cost basis will go into the section "Capital gains and losses" in "Stocks, bonds, mutual funds, other." 

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