1099 div

If the 1099div has the same amount in box 1a (ordinary) and box 1b (qualified): when manually inputting the 1099div in Turbo Tax, do I input the 2 figures in 1a and 1b or only 1b (qualified)? Thanks.

 

JoannaB2
Expert Alumni

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You must enter ordinary dividends and qualified dividends separately. The form 1099-Div is used to report dividend income  The ordinary dividend is reported on box a of 1099-Div while qualified dividend is reported on box b. A qualified dividend is taxed at the capital gains tax rate, while ordinary dividends are taxed at standard federal income tax rates. 

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Thanks, JoannaB2.  I really appreciate your reply.