Yes, this seems to be a "return of capital" case. I'm going to look up the reference (thanks!).
By the way, you neglected to include the list in your reply, so I added it for this one. On Thu, Feb 20, 2025 at 11:20 PM Terrence Branscombe < thirdmoonima...@gmail.com> wrote: > It sounds like a "return of capital" distribution to me; but, I'm not in > your jurisdiction and am not familiar with the typical content of the > form you mentioned. In my experience, these 'non-dividend' distros come > in two flavours: a "return of capital" or a "capital gains dividend". > Only the former reduces your adjusted cost basis (ACB), so look for > something on your form to confirm that. Others familiar with this form > can chime in here as well. > > As to the mechanics, here's some basic GC documentation with an example: > https://www.gnucash.org/docs/v5/C/gnucash-guide/invest-retofcap.html > > > Good luck. Let us know how you get on. > > Terry > > > On 2025-02-20 8:36 p.m., R Losey wrote: > > So, I just received my 1099-DIV and there are "non-dividend > distributions" > > (box 3). > > > > I'm told that I am supposed to reduce the cost basis by this amount, but > > I'm not quite sure how to do this in GnuCash. > > > > I did quick search, and didn't spot anything, but I'm not quite sure how > to > > go about doing this. > > > > Any thoughts? > > > > Thank you! > > > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8 _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
