1099 Dividend Amt 8: Form issued by Farmers Union Oil Company

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  • AZ-Tax
    Senior Member
    • Feb 2008
    • 2604

    #1

    1099 Dividend Amt 8: Form issued by Farmers Union Oil Company

    Very strange format unlike I ever saw before. Not your typical 1099 form. Anyone familiar with it?
  • kathyc2
    Senior Member
    • Feb 2015
    • 1945

    #2
    Meaning reported in box 8? Unless distribution exceeds basis it's a non-taxable event.

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    • Burke
      Senior Member
      • Jan 2008
      • 7068

      #3
      There is usually (not always) a corresponding entry on 1099-B when there is a sale. Could be a reportable gain on Schedule D. I have seen several this year for some investments.

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