k man Posted September 20, 2004 Posted September 20, 2004 if the account had fees and expenses in excess of cap gains and dividends, would you still issue 1099's? if so what would be the amount?
mbozek Posted September 27, 2004 Posted September 27, 2004 What kind of plan is this? In general distributions from NQ plans are regarded as wages for income tax purposes. Reg. 35.3405-1T A-18. Why would fees be deductible from payments? mjb
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