GainsKeeper FundTax® is a powerful automated tax reporting solution already relied upon by more than 4,500 U.S. mutual and hedge funds. This solution includes a suite of dividend functionality for reporting qualified dividend income, dividend received deduction and dividend tax expenses.
FundTax streamlines the calculation of the 61-day QDI holding period required to qualify dividends for favorable tax treatment. It also displays foreign and domestic qualifications and takes into account hedged positions as well as the resulting holding period reduction.
FundTax automates the calculation of the 46-day DRD holding period requirement, taking into account hedged positions and resulting holding period reductions.
Dividend Tax Expense Reporting
Simplify reporting of capitalized dividends and associated basis adjustments. FundTax automates compilation of the necessary data for accurate dividend tax expense reporting.