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Level 2
posted Jul 14, 2020 5:59:31 AM

Qualified dividend 1099-DIV box 1b

I am filling out 1099-DIV. If there was only a distribution of $1547 qualified dividends and no other dividends were distributed, should I also fill out $1547 for box 1a. Total ordinary dividends? Or do I only need to fill out 1b? I get a warning if the amount in box 1a is less than the amount in 1b, but I also see that the software calculator totals both amounts if I fill in both boxes. 

 

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1 Replies
Level 9
Jul 15, 2020 10:16:04 AM

Box 1a consists of both unqualified and qualified dividends. Box 1b  only duplicates the qualified dividends that are in box 1a.  If there are no unqualified dividends, then box 1a is the same as box 1b.