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When entering the income from the 1099-DIV, should I enter the Payer or the Broker? It seems like either is acceptable. My combined 1099-DIV/Int/B lists the payer.
However, for the section where I enter the 1099-B information it looks like I need to enter the Broker, which makes me wonder if I should also be entering the Broker for the 1099-DIV information as well.
Also, silly question, but the IRS is not going to care about whether the full name of the broker is entered, will they? Wondering if I need to enter the "LLC" part of the broker name.
Also, silly question, but the IRS is not going to care about whether the full name of the broker is entered, will they? Wondering if I need to enter the "LLC" part of the broker name.
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March 26, 2023
10:30 AM