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Get your taxes done using TurboTax
I have the exact same question. Wondering where Turbotax is coming up with the figure for the adjusted qualified dividends on the 1040 when I entered a completely different number as the adjusted qualified dividends on the dividend worksheet. I can't find a way to override and enter the correctly calculated number.
Also, I see that an explanation statement for the nominee capital gains distribution has been generated. But I believe it's necessary to send an explanation of the nominee adjustments for the whole 1099 DIV. If I am correct, how do I do that?
March 14, 2021
9:18 PM