@ SUSANE wrote:
I bought the disk and entered my dividends... ordinary, qualified. My total qualified is only $7k on schedule B, but on 1040 it shows up as $63k!! what's the error?!!
Are you sure you didn't put a decimal or comma in the wrong place somewhere? I'll tell you some things to check below.
This is a user community forum, so no one can see your return.
Did you enter the dividend income manually as opposed to importing it from the Payer?
Did you enter a single 1099-DIV or multiple 1099-DIV?
And are any dividends from a K-1?
What is on your Schedule B, Line 6? And what is on your Form 1040, Lines 3a and 3b? For this public forum, you can use approximate round figures for your example.
Also, go into Forms Mode, and in the left column list of forms, open the Schedule B. Scroll down the Schedule B and after Line 4, you will see a "Dividend Income Smart Worksheet." Review that embedded worksheet to see if you can spot anything unusual.
NOTE: If you have multiple 1099-DIV (such as more than 5) and don't immediately see all of them in that embedded smart worksheet, there is a tiny scroll bar on the right side of the worksheet that may not be obvious. When you use that scrollbar, you can see the rest.
