all Fidelity Account distributions report as dividends?

nospam snipped-for-privacy@prest.biz (Art Prest) wrote in news:nheih.18887$aD6.12020@trndny02:

Have you tried looking at your account history on Fidelity's own Web site?

My account with Fidelity is a 401(k), so what I see might not be representative of other account types, but my account history shows nothing but "Contributions" and "Dividends".

Based on my experience, problem is not with QW and may not be with FI - but with fund/security administrators. Find I have to wait for the Amended 1099 forms to issue to get it all sorted out correctly - usually early Feb - after the 'bean counters' get done crunching the numbers.

And yes, have to go back and do some editing to match up with the

Same with Schwab. Have to wait until March 1 to be sure the last of the amended 1099s have been issued.

"Art Prest" wrote

I have no argument with the replies already posted; just adding some more info.

I got two straight dividend transactions downloaded for one non-Fidelity fund (non retirement account). But at Fidelity's web site they show one of the dividends as short term, the other as long term.

Even if it needs to be changed later, I think I would prefer they download based on what they are able to post at their web site.

(And this is not the only situation where Fidelity does not download what they show at their web site or on printed statements. Still having the downloads is so much better than having to do it all manually, for me.)

Yes I have looked at my Fidelity account history which is how I correct the problem. I print out my Fidelity account history for each account and then make the corrections in Quicken 2006. It is one royal PITA! I use to enter the changes each month manually until February 2006 when I started using the On Line updates. It has gotten worse IMHO in that I think that only IRAs and 401Ks had this problem.and now all accounts have this problem.

For my non-Fidelity mutual funds in both IRA/410K accounts and taxable brokerage accounts, the Fidelity home page for my account breaks up the distributions into Long Term Gains, Short Term Gains, and Dividends. But when they are downloaded to Quicken 2006 using the Quicken On Line One Step download they all get recorded as Dividends. For tax planning purposes I have to correct them because they are taxed differently. In the past I have always kept my accounts up to date manually based on the monthly paper reports that I receive from Fidelity and my records always agree with the

Is anyone else having this problem?

anyone have any success getting this problem corrected?; when I call Fidelity, they seem clueless and deny any relationship with Quicken.

I called Fidelity about this a couple of years ago. I was told that some customers requested they be downloaded as dividends even though they aren't. I told them that didn't make sense why anyone would want short term and long term gains being downloaded as dividends. I download their transactions but edit them to what they should be.