Carol S
Returning Member

Get your taxes done using TurboTax

The dividends were automatically reinvested and  never sent to us.  We didn't realize this until we received the information from our financial advisor for tax year 2020. we had a financial loss but we haven't pulled out.  Do we pay taxes on these dividends, and where do we, in TurboTax, show we had a financial loss over the year?

Another area of concern is 1099-INT. We do have some interest accumulated in those investments.  Do we pay taxes on those investments? Please reply to these concerns.