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Level 2
March 29, 2022
Solved

Capital Gains

  • March 29, 2022
  • 2 replies
  • 30 views

Why are 1099-Div Box 2a Capital Gains Distributions taxed along with Short and Long Term Gains in Boxes A and D.

My simple logic suggests this to be a double count. Can anyone help explain please.

Best answer by Anonymous_

Are you referring to Schedule D with respect to "Boxes A and D"?

 

Capital gain distributions (from your 1099-DIV) are always long-term and appear on Line 13 of your Schedule D.

 

There is no "double count" with other entries on Schedule D.

2 replies

Level 15
March 29, 2022

Are you referring to Schedule D with respect to "Boxes A and D"?

 

Capital gain distributions (from your 1099-DIV) are always long-term and appear on Line 13 of your Schedule D.

 

There is no "double count" with other entries on Schedule D.

Johnnie11Author
Level 2
March 29, 2022

Thank you.