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Author: blm Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121114  
Subject: 1099-DIV: Record vs. pay date Date: 2/9/2005 1:27 PM
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I own some shares of a REIT (MFA) whose Q4 2004 dividend had a record date of 12/27/2004 and a pay date of 1/31/2005. Should that dividend appear on my 2004 or 2005 1099-DIV?

Thanks,
Brian
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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 76498 of 121114
Subject: Re: 1099-DIV: Record vs. pay date Date: 2/9/2005 1:35 PM
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>> I own some shares of a REIT (MFA) whose Q4 2004 dividend had a record date of 12/27/2004 and a pay date of 1/31/2005. Should that dividend appear on my 2004 or 2005 1099-DIV? <<

2004.

DOn't you love paying 2004 taxes on money you don't even get until 2005?

#29

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Author: ziggy29 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 76499 of 121114
Subject: Re: 1099-DIV: Record vs. pay date Date: 2/9/2005 1:36 PM
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>> 2004.

DOn't you love paying 2004 taxes on money you don't even get until 2005?
<<

Actually, I know this is true of mutual funds. Not certain for individual securities -- that may be 2005, I'm not sure.

#29

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Author: irasmilo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 76517 of 121114
Subject: Re: 1099-DIV: Record vs. pay date Date: 2/10/2005 12:45 AM
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>> 2004.

DOn't you love paying 2004 taxes on money you don't even get until 2005? <<

Actually, I know this is true of mutual funds. Not certain for individual securities -- that may be 2005, I'm not sure.


True for REITs as well. Not true for common stocks.

Ira



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Author: blm Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 76542 of 121114
Subject: Re: 1099-DIV: Record vs. pay date Date: 2/10/2005 6:13 PM
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True for REITs as well. Not true for common stocks.

Ok, I was almost sure the pay date determined the 1099 year for stocks, so having a 1/31/5 dividend reported on a 2004 1099-DIV surprised me. Guess I should have realized being a REIT could be the difference.

Thanks,
Brian

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