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melbryone
New Member

How do I report a return on capital (monthly payments) for a widely held security (no specific basis) and no date acquired reported on a 1099?

 
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TomD8
Level 15

How do I report a return on capital (monthly payments) for a widely held security (no specific basis) and no date acquired reported on a 1099?

See this previous TT answer:  https://ttlc.intuit.com/questions/3988329-i-have-a-capital-repayment-on-my-1099-b-how-do-i-enter-thi...

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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1 Reply
TomD8
Level 15

How do I report a return on capital (monthly payments) for a widely held security (no specific basis) and no date acquired reported on a 1099?

See this previous TT answer:  https://ttlc.intuit.com/questions/3988329-i-have-a-capital-repayment-on-my-1099-b-how-do-i-enter-thi...

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
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