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Corrected Form 1099 Received - How to Adjust my 1040?
In mid February, I received my broker's Composite 1099 which included Ordinary and Qualified Dividends. I downloaded it into Turbo Tax successfully. I recently received a CORRECTED Composite 1099 with revised Qualified Dividend numbers but the same Ordinary Dividend figure. My question is how to best enter the corrected data - do I go into Turbo Tax forms and edit the "Ordinary Dividends" number myself in the "Qualified Dividends" field, or do I retain the original Ordinary Dividends number on the form and put the corrected figure in the "Adjusted Qualified Dividends" field I see in the TurboTax interview?
‎February 28, 2023
3:31 PM