The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Special Dividend Taxable?||Date: 2/28/2009 3:18 PM|
|Author: quitman100||Number: 104841 of 121338|
I hold Smuckers stock and they issued a special dividend in October 2008. Does anyone know how I should report this on my income tax? The letter accompanying the check said it "allowed us to return capital" -- does that mean it is not treated as an ordinary dividend or something else.
Any help would be appreciated.
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