DIVIDENDS--A distribution of property (usually cash) made by a corporation to its shareholders. Generally the payment is made out or its earnings and profits. The underlying asset account is the stock held. The money field is positive.

CAPITAL GAINS--Capital gain net income is the excess of the gains from sales or exchanges of capital assets over the losses from such sales or exchanges or an asset given this effect under the Internal Revenue Code. The capital asset is stock held by the taxpayer. The money field is positive.

NON-TAXABLE DISTRIBUTIONS--Generally, any distribution made out of earnings and profits by a corporation to its stockholders is considered a dividend. However, a distribution is not a taxable dividend if it is a return of capital to the stockholder. Most distributions are in money, but they may also be made in stock or other property. The underlying asset account is the stock held. The money field is positive.

CASH LIQUIDATION DISTRIBUTION--An interest in a corporation may be disposed of by sale or exchange of the capital stock, by redemption of the stock by the corporation, or by complete or partial liquidation of the corporation. There is no underlying asset account since the corporate interest has been liquidated. The money field is positive.

NON-CASE LIQUIDATION DISTRIBUTION--A corporation making any distribution in liquidation must file a Form 1099-DIV in each calendar year of the liquidation for each stockholder to whom it makes a distribution of $600 or more during the year. The basis of property received in a distribution in complete or partial liquidation in which gain or loss is recognized by the stockholder is the fair market value of the property at the time of distribution. If no gain or loss is recognized on the distribution, the basis of the property distributed is the adjusted basis of the stock surrendered. The asset account was the stock surrended. The money field is positive or negative (-).

DIVIDENDS QUALIFYING FOR EXCLUSION--Up to $100 of qualifying dividends received can be excluded from income (on a joint return, up to $200). Only certain dividends qualify for exclusion. The Form 1099-DIV indicates whether the dividends received qualify for the exclusion. The underlying asset account is the stock. The money field is positive.

DIVIDENDS NOT The table below references month/year 10/81 through 7/89.

DIVIDENDS NOT QUALIFYING FOR EXCLUSION--Certain stock dividends do not qualify for the exclusion. The underlying asset account is the stock. The money field is positive.

INTEREST--This is any interest on evidences of indebtedness (including bonds. debentures, notes, and certificates) issued by a corporation in registered form, or interest on other evidences of indebtedness issued by a corporation of a type offered by corporations to the public. Includes interest on deposits with a bank and amounts paid by a mutual savings bank, savings and loan association, building and loan association, cooperative bank, homestead association, credit union, or similar organization, in respect of deposits, investment certificates, or withdrawable or repurchasable shares. Also interest on amounts held by an insurance company under an agreement to pay interest and interest on deposits with stockbrokers and dealers in securities. Interest payments of $10 or more are reported. The underlying assess account is the bond or deposit generating the interest. The money field is positive.

SAVINGS BONDS--Amounts of interest on U.S. Savings Bonds, Treasury bills, Treasury notes, and Treasury bonds. The underlying asset is the bond/note which may, however, have been redeemed with the interest generated at the time of redemption. The money field is positive.

INTEREST FORFEITURE--Amounts of interest or principal forfeited as a penalty for early withdrawal of savings from a time savings account. Underlying asset account is the amount of the early withdrawal. The money field is positive.

Items below relate to the proceeds from broker and barter exchange transactions. Form 1099-B reports proceeds paid from broker and barter exchange transactions for each person for whom the broker has sold stock, bonds, commodities, regulated futures, contracts, etc., or who exchanged property or services through the barter exchange. Any person, including a governmental unit and any agency or instrumentality doing business as a broker or barter exchange files a Form 1099-B.

Broker means a person that, in the ordinary course of a trade or business, stands ready to effect sales to be made by others. The transactions involving regulated futures or foreign currency contracts are reported on an aggregate basis.

Barter exchange means any person with members or clients that contract either with each other or with such person to trade or barter property or services either directly or through such person. The term does not include arrangements that provide solely for the informal exchange of similar services on a noncommercial basis.

STOCKS AND BONDS --The gross proceeds from any disposition of securities (including short sales), commodities, or forward contracts. The underlying asset was the item disposed of. The money field is positive.

BARTERING--Gross amounts received by a member or client of a barter exchange for good or services. This includes cash received, property or services received, a credit on the books, or scrip issued. There is no underlying asset account. The money field is positive.

AGGREGATE PROFIT AND LOSS--In a bartering transaction, the aggregate profit or (loss) for the year from regulated futures or foreign currency contracts. The underlying asset account is the futures or currency contracts. The money field is positive or negative (-).

PROFIT AND LOSS LAST HALF OF 1986--In a bartering transaction, the profit or (loss) realized by the customer on closed regulated futures or foreign currency contracts in 1986. The underlying asset is the futures or currency contracts. The money field is positive or negative (-).

UNREALIZED PROFIT AND LOSS ON OPEN CONTRACTS FROM 1985--In a bartering transaction, the unrealized profit or (loss) on open regulated futures on foreign currency contracts at the end of 1985. The underlying asset is the futures or currency contracts. The money field is positive or negative (-).

UNREALIZED PROFIT AND LOSS ON OPEN CONTRACTS FOR 1986--In a bartering transaction, the unrealized profit or (loss) on open regulated futures or foreign currency contracts on December 31, 1986. The underlying asset is the futures or currency contracts. The money field is positive or negative (-).

EXCESS GOLDEN PARACHUTE--Payments in which a corporation agrees to pay key personnel additional compensation packages in lieu of continued employment. Generally, the payment is considered excessive if it equals or exceeds three times the average compensation of the recipient over the previous 5 year period. There is no asset account. The money field is positive.

PRIZES AND AWARDS --Gross income includes all amounts received as prizes and awards, unless it is a scholarship or fellowship grant excluded from gross income. These prizes and awards include (but are not limited to) prizes and awards in contests of all types, as well as any prizes and awards from an employer to an employee in recognition of some achievement in connection with his employment. If the prize or award is not made in money but is made in goods or services, the fair market value of the goods or services is the amount included in income. There is no underlying asset. The money field is positive.

RENTS--Compensation made in any form, by a tenant to a landlord or owner for the use of land, buildings, or any property, movable or fixed, especially when paid in money at regular or specified intervals. A real estate agent reports on Form 1099-MISC the gross amount of rents collected on behalf of a property owner (without deduction or commissions, fees or expenses retained), if such amount totals $600 or more during the taxable year. The underlying asset is the property rented. The money field is positive.

ROYALTIES--A share of proceeds paid to a proprietor, author, or inventor, by those doing business under some right belonging to him. Royalty payments, aggregating $600 or more in a calendar year, made by a publisher directly to an author or his literary agent (individual or partnership, not a corporation) must be reported on Form 1099-MISC. The agent, must file information returns showing the gross amount he received from the publisher (prior to any deduction of commissions, fees, and expenses) and paid over to the author. There may or may not be an underlying asset such as a copyright, patent, land, etc. The money field is positive.

SUBSTITUTE PAYMENTS--A payment in lieu of: (1) tax-exempt interest to the extent that interest has accrued while a short sale was open, and (2) a dividend, if the ax-dividend date is after the transfer of stock for use in a short sale and before the closing of the short sale. The underlying asset account is the bond/stock used in the short sale. The money field is positive.

INTEREST FORFEITURE--Amounts of interest or principal forfeited as a penalty for early withdrawal of savings from a time savings account. Underlying asset account is the amount of the early withdrawal. The money field is positive.

ORIGINAL ISSUE DISCOUNT--The difference between the issue price and the stated redemption price at maturity. In the case of bonds or other evidences of indebtedness registered with the Securities and Exchange Commission, "issue price" means the initial offering price to the public at which price a substantial amount such bonds, etc. were sold. The underlying asset is the bond generating the OID.

On these transactions, the underlying asset account will be the total amount distributed to the taxpayer.

IRA DISTRIBUTIONS-- Amount distributed from an Individual Retirement Arrangement (IRA), Simplified Employee Pension (SEP), or Deductible Voluntary Employee Contribution (DEC). May be includible in recipient's current income. Total does not include any amounts paid for IRA insurance protection. The underlying asset account is the plan generating the income. The money field is positive.

EMPLOYEE CONTRIBUTIONS--Employee contributions made to a profit sharing or retirement plan, or insurance premiums. This is the amount actually contributed by employee over years under the retirement or profit-sharing plans plus any employer-contributed amounts considered to have been contributed by the employer. This is also the accumulated cost of premiums paid for life insurance protection, taxable to the employee in previous years and in the current year and premiums paid on commercial annuities.

ORDINARY INCOME and CAPITAL GAIN--Upon retirement an allocation of the taxable portion of a lump-sum distribution between long-term capital gain and ordinary income is made on. the basis of the number of employee's months of plan participation before 1974 and after 1973. A lump-sum distribution is a payment of the entire balance to the credit of a participant in a qualified plan within one taxable year of the participant. A 1099-R is issued by the payer of the lump-sum distribution to show the allocation between capital gain and ordinary income. Money field is positive.

GROSS INCOME--Total of ordinary income and capital gain distributed.

UNREALIZED APPRECIATION--Net unrealized appreciation in employer's securities. In a trust created or organized in the United States and forming part of a stock bonus, pension, or profit-sharing plan of an employer for the exclusive benefit of his employees or their beneficiaries, if a distribution includes securities of the employer corporation (or a subsidiary of the parent corporation) and the net unrealized appreciation in the employer's securities can be computed, it would be reported on the Form 1099-R. Money field is positive.

OTHER INCOME--Payers whose distribution includes items not covered by any other entries on Form 1099-R and information to employees or beneficiaries is desired would report it as other income. (For example the current actuarial value of an annuity contract that is a part of a lump-sum distribution or the value of US retirement bonds that may be distributed to employees or beneficiaries.)

The underlying asset will be the plan to which contributions were made.

SEP CONTRIBUTION TY86--A Simplified Employee Pension (SEP) contribution made in 1986 and through April 15, 1987 for tax year 1986.

ROLLOVER IRS DEC CONTRIBUTIONS--An individual may withdraw all or part of one IRA, SEP or DEC and transfer it to another IRA.

IRA OR DEC CONTRIBUTION TY 85 IN 86--Contributions made in 1986 up to April 15, 1986 for tax year 1985.

The underlying asset would be any distribution of proceeds on foreclosure etc.

DEBT OUTSTANDING-Reported on Form 1099-A, Information Return for Acquisition or Abandonment of Secured Property, for each borrower if money is lent in connection with the trade or business and, in full or partial satisfaction of the debt, an interest in property that is security for debt is acquired, or the lender has reason to know that the property has been abandoned.

Property means real property, such as a personal residence, intangible property, or tangible personal property held for investment or used in a trade or business. This is the debt outstanding at the time the interest in the property was acquired or on the date one first knew or had reason to know that the property was abandoned.

DEBT SATISFIED--For acquisition by the lender only of property, the amount of debt satisfied by the acquisition.

FAIR MARKET VALUE--The standard for determining value of property received in an exchange or acquisition. In the case of foreclosure, execution, or similar sale, the proceeds of sale will be considered the fair market value of the property in the absence of clear and convincing evidence to the contrary. Money field is positive.

Several of the IRS documents available that can give you information are listed below. These can be obtained from your local IRS office.

Instruction to Filers of Forms 1099, 1098, 5498, 1096, and W2-G

Publication 916, Information Returns

Publication 550, Investment Income and Expenses

Publication 525, Taxable and Nontaxable Income

Publication 905, Tax Information Unemployment Compensation

The table below references month/year 7/90 through 7/97.

QUALIFYING FOR EXCLUSION--Certain stock dividends do not qualify for the exclusion. The underlying asset account is the stock. The money field is positive.