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I have a dividend that I collected in January 2012 that was not included on my 1099-DIV form. I finally got the 1099 form as Tradeking uses Apex Clearing. Tradeking/Zecco is again having problems with 1099 forms, and I finally received mine today. A little annoying to have this happen 2 years in row. Anyways, can I somehow report this dividend without it being included on my 1099-DIV form? I just want to get my taxes done and over with already. The amount is somewhat significant at approx. $1000.

My guess is that I am stuck calling Apex Clearing to resolve this matter, and include on corrected 1099-DIV form. As if these folks didn't have enough time to get this straightened out. I use TaxAct if this information is relevant to an answer.

TIA,

Chris
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Anyways, can I somehow report this dividend without it being included on my 1099-DIV form?

Sure. The 1099-DIV doesn't create taxable income, receiving the dividend does. If you know how much to report you don't need a 1099.

Phil
Rule Your Retirement Home Fool
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I have a dividend that I collected in January 2012 that was not included on my 1099-DIV form. I finally got the 1099 form as Tradeking uses Apex Clearing. Tradeking/Zecco is again having problems with 1099 forms, and I finally received mine today. A little annoying to have this happen 2 years in row. Anyways, can I somehow report this dividend without it being included on my 1099-DIV form? I just want to get my taxes done and over with already. The amount is somewhat significant at approx. $1000.

Are you sure the dividend wasn't taxable in 2011? Some dividends received in January are taxable in the previous tax year.

Ira
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Are you sure the dividend wasn't taxable in 2011? Some dividends received in January are taxable in the previous tax year.

I looked at my 1099-DIV from 2011 tax year, and it wasn't reported on that form either. I received the one time dividend on 1/3/13. I don't know how to verify which calendar year this one time dividend is meant for. without 1099-DIV confirmation. I assume calendar year 2012 will suffice. Do you have any suggestions other than above for verifying?

I added the dividend that wasn't reported to line 1a, and 1b of Taxact 1099DIV form. That means it will not be consistent with 1099-DIV form sent to IRS by Apex. I will call Apex, and notify them that I reported the dividend they excluded on 2012 1099-DIV tax form. Maybe they can send a corrected form after the fact that I submitted my return.

Thank you both for your help,

Chris
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Since you indicate that the dividend was received on January 3 I would be inclined to think is was actually issued the prior year.
You could check with a quote server such as Yahoo Finance that shows dividend dates to see when it was paid.
http://finance.yahoo.com/q/hp?s=T&a=06&b=19&c=20...
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"Since you indicate that the dividend was received on January 3 I would be inclined to think is was actually issued the prior year.
You could check with a quote server such as Yahoo Finance that shows dividend dates to see when it was paid."

I called Tradeking, and I was told it was a mistake on Apex's part. They told me they would inform Apex to correct the mistake on 2012 1099 tax form consistent with what I have already filed on my 1040 form.

Many Tradeking customers will likely need corrected 1099 forms from what I was told.

Still debating whether I should just drop that brokerage. I already closed my Roth with Tradeking because they wouldn't drop the $30 yearly maintenance fee. I was told that legacy Tradeking customers and new Tradeking customers only, were allowed maintenance fee free roth accounts.
I even went as far as stating--- Can I just close the account, and open a new one? lol response- no

I opened up an optionshouse account and have been pleased so far. I took advantage of the $100 ACAT and 100 free trades promotions.
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To the best of my knowledge, the 1099s I received from Apex Clearing are correct. I suspect that I am in the minority.
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I closed them out last year after the 2011 1099 fiasco. But still received a 1099 for the transactions I had in Q1 2012. I believe mine is correct as well... after checking.

I find the best source to determine when dividends are actually paid when in question for year-end/year beginning is the go to the Investors Relations web site of the companies in questions. They have the most accurate info for payable date. Then report it accordingly.
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