nondividend distribution from Dr. Pepper
We received $3,700 from Dr. Pepper Snapple last year.
This was from the buyout by Keurig. I thought this
Was a regular dividend, but the 1099 shows it as
a nondividend distribution. Can you tell me how this
should be treated on the partner's k-1's & in Bivio?
Fountain Valley Ladies Investment League
Sent from my iPhone
I am sure Laurie can help better than I, but we had the same thing with an ETF (a nondividend distribution). It is a reduction in cost basis of the stock that you own. So you reduce the cost basis of the stock for which you received the distribution. Interesting that the purchase of Keurig resulted in a nondividend distribution.
Sumner Stock Selectors Investment Club
On Wed, Feb 20, 2019 at 11:03 AM Laurie Frederiksen <email@example.com> wrote: