Method and Apparatus for Determining Personal Qualified Dividend Income and Generating Information Statements Thereof

An automated computer-implemented method of determining the personal qualified dividend income (QDI) of one or more investors for a selected time frame resulting from mutual fund dividend distributions made to accounts of the investors from one or more mutual funds, the method comprising:

• (a) providing a first database that stores account transaction history data of the investors for each of the mutual funds;
• (b) providing a second database that stores dividend distribution information for each of the mutual funds and information indicating what percentage of dividend distributions of each of the mutual funds are QDI;
• and
• (c) automatically determining the personal QDI for a selected time frame for one or more of the investors using a QDI calculation engine which receives and processes the account transaction history data, the dividend distribution information, and the percentage of mutual fund dividend distributions that are QDI from the first and second databases, the account transaction history data being used to provide transaction data for a specific investor and to determine whether holding period requirements are met for a specific investor.

A computer-implemented method of automatically providing personal qualified dividend income (QDI) information to a mutual fund investor, the investor having one or more accounts in one or more mutual funds that declare dividend distributions, the method comprising:

• (a) an investor inputting via a user interface:
• (i) an indication of which accounts the personal QDI information is desired, and
• (ii) a time frame for which the personal QDI information is desired;
• (b) providing a first database that stores account transaction history data of the mutual fund investor for each of the mutual funds held by the investor, and a second database that stores dividend distribution information for each of the mutual funds held by the investor and information indicating what percentage of dividend distributions of each of the mutual funds held by the investor are QDI;
• (c) automatically determining the personal QDI for the indicated accounts and time frame by using a QDI calculation engine which receives and processes the investor inputs, the account transaction history data, the dividend distribution information, and the percentage of mutual fund dividend distributions that are QDI from the first and second databases, the account transaction history data being used to provide transaction data for an investor and to determine whether holding period requirements are met for a specific investor;
• and
• (d) automatically providing personal QDI information for the investor from the determined personal QDI.

A computer-implemented method of automatically generating personal qualified dividend income (QDI) information for selected mutual fund investors, each investor having one or more accounts in one or more mutual funds that declare dividend distributions, the method comprising:

• (a) automatically identifying mutual fund investors who are recipients of a Form 1099-DIV for at least one mutual fund, the Form 1099-DIV including the QDI for each of the mutual funds that are eligible for QDI;
• (b) automatically performing a personal QDI calculation for each of the recipients;
• (c) automatically comparing the personal QDI and the QDI on the Form 1099-DIV;
• and
• (d) generating personal QDI information for only the mutual fund investors that have personal QDI that is less than the QDI on the Form 1099-DIV.

An automated computer-implemented apparatus for determining the personal qualified dividend income (QDI) of one or more investors for a selected time frame resulting from dividend distributions made to brokerage accounts of the investors that contain one or more stock holdings, the apparatus comprising:

• (a) a first database that stores account transaction history data of the investors for each of the stock holdings;
• (b) a second database that stores dividend distribution information for each of the stocks and information indicating what percentage of dividend distributions of each of the stocks are QDI;
• and
• (c) a QDI calculation engine which receives and processes the account transaction history data, the dividend distribution information, and the percentage of dividend distributions that are QDI from the first and second databases to automatically determine the personal QDI for a selected time frame for one or more of the investors, the account transaction history data being used to provide transaction data for a specific investor and to determine whether holding period requirements are met for a specific investor.

An automated computer-implemented method of determining the personal qualified dividend income (QDI) of one or more investors for a selected time frame resulting from dividend distributions made to brokerage accounts of the investors from one or more stock holdings, the method comprising:

• (a) providing a first database that stores account transaction history data of the investors for each of the stock holdings;
• (b) providing a second database that stores dividend distribution information for each of the stocks and information indicating what percentage of dividend distributions of each of the stocks are QDI;
• and
• (c) automatically determining the personal QDI for a selected time frame for one or more of the investors using a QDI calculation engine which receives and processes the account transaction history data, the dividend distribution information, and the percentage of dividend distributions that are QDI from the first and second databases, the account transaction history data being used to provide transaction data for a specific investor and to determine whether holding period requirements are met for a specific investor.

A computer-implemented method of automatically providing personal qualified dividend income (QDI) information to an investor, the investor having one or more brokerage accounts that hold one or more stocks that declare dividend distributions, the method comprising:

• (a) an investor inputting via a user interface:
• (i) an indication of which brokerage accounts personal QDI information is desired, and
• (ii) a time frame for which the personal QDI information is desired;
• (b) providing a first database that stores account transaction history data of the investor for each of the stock holdings of the investor, and a second database that stores dividend distribution information for each of the stocks held by the investor and information indicating what percentage of dividend distributions of each of the stocks held by the investor are QDI;
• (c) automatically determining the personal QDI for the indicated accounts and time frame by using a QDI calculation engine which receives and processes the investor inputs, the account transaction history data, the dividend distribution information, and the percentage of dividend distributions that are QDI from the first and second databases, the account transaction history data being used to provide transaction data for an investor and to determine whether holding period requirements are met for a specific investor;
• and
• (d) automatically creating personal QDI information for the investor from the determined personal QDI.

A computer-implemented method of automatically generating personal qualified dividend income (QDI) information to selected investors, each investor having one or more brokerage accounts that hold one or more stocks that declare dividend distributions, the method comprising:

• (a) automatically identifying investors who are recipients of a Form 1099-DIV for at least one brokerage account, the Form 1099-DIV including the QDI for each of the brokerage accounts that are eligible for QDI;
• (b) automatically performing a personal QDI calculation for each of the recipients;
• (c) automatically comparing the personal QDI and the QDI on the Form 1099-DIV;
• and
• (d) generating personal QDI information for only the investors that have personal QDI that is less than the QDI on the Form 1099-DIV.