Where are mutual fund short-term capital gain distributions reported?
Capital gain distributions from a mutual fund are by definition long-term. That’s why they appear only in Part II of Form 1040, Schedule D, Capital Gains and Losses. The annual statement you receive from your mutual fund may list short-term capital gains, but your Form 1099-DIV will show those amounts as ordinary dividends. Ordinary dividends (which include the mutual fund’s profits from short term capital gains) are reported on Form 1040, Schedule B, Interest & Dividend Income, or Form 1040A, Schedule 1, Interest and Ordinary Dividends, if the total is over $400. In addition, you enter the total ordinary dividends on line 9 of Form 1040 or line 9 of Form 1040A. Refer to the line 13 instructions of Form 1040 for exceptions when you can enter capital gain distributions directly on line 13 of Form 1040 without having to file Schedule D. My end-of-year statement from a mutual fund company showed amounts in 3 categories: (1) capital gains, (2) short-term capital gains, and (3) ordinary div
