How are dividends entered into Form 1041?

[tomlathrop9]

I have a 1099-Div that shows Box1a Total ordinary dividends with $350 and Box1b Qualified dividends with $350. Is 1b a restatement of 1a showing that all the dividends are qualified? Should I fill out the 1041 and enter $350 into both line 2a and 2b or just line 2b?

[tagteam · Accepted solution]

" Is 1b a restatement of 1a showing that all the dividends are qualified?"

In this instance, yes. The lines should be completed as shown in the screenshot (below), assuming all of the qualified dividends are being allocated to the beneficiaries.