3695467
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

abcxyz13
New Member

Does turbotax have worksheet for derivative etfs to calculate return of capital dividends that are not taxed ? How can I do this on taxes?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Does turbotax have worksheet for derivative etfs to calculate return of capital dividends that are not taxed ? How can I do this on taxes?

I have never seen such a worksheet in Turbotax. from what i seen for reporting of distributions by ETFs (may not be derivative ETFs) is that the ETF reports to the broker the % that is a ROC for each distribution. the broker then uses these %s to calculate and report on 1099-DIV the taxable and non-taxable portions. perhaps contact the ETF about tax reporting. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question