Birdermom
Returning Member

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?