Hi everyone!
I received a 1099-DIV form, and after entering it into TurboTax, I'm asked to check a box if "A portion of these dividends is US Government interest." I've been digging into the TT forums trying to figure out how to determine 1) if any of my dividends meet this criteria, and 2) if so, how the heck to find the exact amount of US Government interest to then enter into the following screen. This whole ordeal honestly seems like a huge headache that — at least for me personally — is not worth it.
So this is my question: do I have to tell the IRS what portion of my dividends represent interest from US Government obligations, or can I just skip this and not check the box? I'm happy to pay a little more in taxes if I don't have to deal with this, I just don't want to get in trouble with the IRS.
Thanks so much!
