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dbooksta
Level 2

Where do 1099-DIV items go on a K-1?

Is there a map of where the values in each box on a 1099-DIV should end up on a 1065 Schedule K-1?

 

E.g., I'm pretty sure that the sums of 1099-DIV box 1b should be allocated to Schedule K-1 Box 6b.  But I can't easily tell how all of the other values should map.

3 Replies
Critter-3
Level 15

Where do 1099-DIV items go on a K-1?

Are you trying to complete a form 1065 then enter the income in the program where it belongs and the program will populate the K-1 automatically.  Look at the K-1 form and read the lines ... div are on line 6  ...   https://www.irs.gov/pub/irs-pdf/f1065sk1.pdf

dbooksta
Level 2

Where do 1099-DIV items go on a K-1?

Sure, 1099-DIV Box 1 is easy.

 

Where on a K-1 do the following values from a 1099-DIV belong?

  1. Box 2: Total capital gain distributions
  2. Box 3: Non-dividend distributions
  3. Box 5: Section 199A Dividends
  4. Box 7: Foreign tax paid
  5. Box 11: Exempt-interest dividends
  6. Box 12: Specified private activity bond interest dividends
Critter-3
Level 15

Where do 1099-DIV items go on a K-1?

Are you using a TT program ?   If so you will enter all the 1099-Div information on the 1099-Div  entry screen. Are you not finding this entry screen ?   

 

If you are trying to do this manually then use the 1065 instructions from the IRS  or  employ a local professional tax pro.  And if you have not put the partnership on extension then you are now very late as the return was due 3/15 and the penalties are wracking up monthly.

 

 

 
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