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Level 1
April 15, 2026
Question

Dividend with return of capital

  • April 15, 2026
  • 1 reply
  • 2 views

I have a 1099-DIV related to a dividend received, but the company footnotes related to the dividend say that approximately 16% is return of capital. I cannot determine how to enter this in the TurboTax software. Any ideas?

 

    1 reply

    SteamTrain
    Level 15
    April 15, 2026

    @user17762623049 

     

    On the Wages&Income page...down in the investment Incoem section

    You enter that on a 1099-DIV in box 3.

     

    But, of course, your 1099-DIV may have other boxes to fill in too...and if you don't see al the numbered boxes in the software...look for the text to click on to show all the other boxes...it is there with te main page that haws boxes 1a, 1b, and 2a already showing

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*