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BP Prudhoe Bay Royalty Trust Message Board

  • mao_laotou mao_laotou Mar 15, 2009 1:03 AM Flag

    anyone owned BPT at Ameritrade shall check 1099's errors

    I owned BPT shares at Ameritrade. The 1099 Misc was fine until the recent corrected 1099 dated on 3-12-2009. In this corrected 1099 misc, you can find that Ameritrade did completely wrong on the Royality you received. They over-reported your royality by more than 100%. In my case, I received about 10K BPT royality in 2008, but Ameritrade is reporting that I have received 26K+ BPT royality in 2008.
    please check your account history and verify the actural number , then compare with the 1099misc from Ameritrade. The error only showed on the newest 1099 issued on 3/12/09. The previous 1099 number was OK.
    I am sending Ameritrade a request ASK them to correct the error. No response from them yet.

 
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