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Old 02-02-2015, 11:34 PM
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1099-DIV & 1099-B Capital Gains

I have a 21 year old daughter (full-time student) she has no earned income. She will be filing a separate tax return but we (her parents) will claim her as a dependent.

1099-div with 315 in box 1a, 281 in box 1b and 425 in box 2a. No entries in boxes 2b-d.
1099-b with 10,000 box 1d, 9,767 box 1e, 2 in box 1g gain of 233 and no taxes withheld.

What I can’t figure out is how to (or if I need to) add the 1099-div capital gains from box 2a onto the schedule d with the capital gains from the 1099-b.

I understand that if she didn't have the 1099-b she would not even need to file the schedule d, just add the amount to line 13 (on the 1040). So do I add the 233 (+2 adjustment) to the 425 for a total of 660 online 13?



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