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I have an account at Sharebuilder with a fair number of REIT's in it. I will soon be getting the 1099 Interest statement from them that will have just the total amount of dividends I received from them. Last years 1099 figure was not worth worrying over but this years will have a large dividend figure on it.

Will I have to go through all the different companines that I receive dividends from (through Sharebuilder)and figure out how much was ordinary dividends, return of capital and long term gains?
Could you suggest the best way of doing this, if so.
It appears Sharebuilder does not break out these figures for their customers and leaves it up to them to figure them out.

If Sharebuilder sends the 1099 form to the IRS with this large figure as all ordinary dividends and it not broke down, will the IRS audit me when I report a smaller figure in dividends to them at tax time (after taking out the return of capital and long term gains)?

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