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Get your taxes done using TurboTax
Hello again! follow-up from last year's question on dividend split of 50/50.
1) Do we actually edit the reported numbers in the 1099Div by 50%??? for example box 1A on the 1099D said $2000, 1B is $1000 and Cap gains is $800 so reduce all those numbers by 50% on the turbo tax screen 1099 Div screen?
2) And then on the next couple of screens, I check mark adjusted dividends by a $ amount of $1000?
is that the right process?
Thanks
‎February 17, 2022
7:45 AM