Bewildered wrote:

- quote -

I would check the E-trade website to see if they have a year
end summary statement available to you. That would probably
identify the source of the $18.18.

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bewildered[at]yahoo.com (Bewildered) posted:

- quote -

You'll just have to contact the provider of the 1099
(Etrade), to confirm what it is. It could be any number of
things -- e.g., return of principal, cash value of partial
share in spinoff, etc. Only the preparer of the 1099 can
advise you of which holding it applies to.

Bill

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I got my Consolidated Form 1099 from Etrade.
It shows $18.18 in Non-divdend Distributions.

TaxCut says I have to keep track of it to see if it exceeds
my basis, etc. etc. Can't say I really understand what is
going on, but as a practical matter, I don't even know which
of my mutual funds it came from, so I can't hardly keep
track of it.

It is pretty trivial compared to my basis (whatever that
might be, but all my basises (what is the plural of basis?)
are 1000 times higher) so it will not ever exceed it. Is
this something I have to keep track of? If so, perhaps
someone could refer me to an understandable explanation of
this.

Thanks.

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >