Author Topic: SPY Dividends Reported as Non-Qualified  (Read 2789 times)

Dr. A

  • Stubble
  • **
  • Posts: 177
  • Age: 41
  • Location: Massachusetts
SPY Dividends Reported as Non-Qualified
« on: February 25, 2016, 08:46:16 AM »
In my taxable account I received dividends from SPY and VTI (switched from SPY to VTI near the end of the year to harvest a short-term loss). I personally held both fund long enough to make the dividends qualified.

My 1099 is reporting that the dividends from SPY (3 distributions) are entirely NON-qualified. The distribution from VTI was reported as 100% qualified. I do realize that the dividend from an ETF is a pass-through and that I should not necessarily expect that it be 100% qualified, but I would expect most of it to be qualified.

Should I expect a revised 1099, or am I missing something?