DaveF1006
Expert Alumni

Get your taxes done using TurboTax

Use your 1042S information to report your foreign dividend.  It is not necessary for you to receive a 1099 DIV to report a dividend payment.

 

When you enter the information, go to:

 

  1. Federal>wages and income 
  2. Investments and Savings>Dividends on 1099-DIV
  3. When it asks how you will enter the information, say you will enter a different way
  4. Next when all the icons appear, select dividends 1099 DIV. Don't worry if you have the 1042S instead of a 1099 DIV.
  5. When it asks how you like to upload your 1099 DIV, indicate you will type this in yourself
  6. In the section where it says Let's get the info from your 1099-DIV, type in the information on your 1042S.

As i mentioned, it is perfectly acceptable to report your 1042S is if you have a 1099 DIV. What is important is to report your dividend income.

 

@samanthachandra 


 

 

 

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