ThomasM125
Expert Alumni

Get your taxes done using TurboTax

It may be because the dividends did not meet the required holding period. It seems you have to hold stock for a minimum of 60 days for the dividends to be considered qualified. That information may have been downloaded from your broker as a part of the Form 1099-DIV. The adjustment would be made after the qualified dividends were entered on the Form 1099-DIV, which may report the full amount of qualified dividends before the adjustment. You should review your Form 1099-DIV supplemental information to see if there is mention of this.

 

You will see these screens in TurboTax:

 

[Edited 2/27/24 at 2:40 PST] @dad6421-aol-com 

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