KathrynG3
Expert Alumni

After you file

Since the IRS said to not do an amended return, then respond to the Notice directly by calling the IRS. Only call the IRS from notices sent by mail. The IRS does not send emails, texts or make phone calls to taxpayers. For more information, see: I got a letter or notice from the IRS.

 

TurboTax will automatically sort the details of Form 1099-DIV to the appropriate areas of your tax return.

  • In general, dividends reported on Form 1099-DIV are reported on Schedule B.
  • Schedule D is for Capital gains and losses divided into how long they were held, short-term or long-term, and will include amounts from Form 1099-DIV, Box 2a.
  • Form 1040, Line 13, could include Form 1099-DIV, Box 5 amounts for the calculation of the Qualified Business Income Deduction.

For more information, see: