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Re: OKEInteresting. You are correct. OKE and others including AM & KMI reported a portion of their dividend as a return of capital. Once your basis is reduced to zero any dividends classified as return of capital is indeed taxable as a LTCG. My KMI basis is close to zero. 90% of AM payout was ROC. Had never noticed. Thank you |
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Msg # | Subject | Author | Recs | Date Posted |
141344 | Re: OKE | pshonore | 7 | 3/24/2023 3:36:13 PM |