rjs
Level 15
Level 15

Investors & landlords


@jacob09jacob wrote:

Why is exempt dividends added to ordinary dividends


@jacob09jacob  When you say "exempt dividends" do you mean exempt-interest dividends in box 12 of Form 1099-DIV? Where do you see exempt-interest dividends being added to ordinary dividends? If you're talking about the Deductions & Credits summary screen in TurboTax that cas61 asked about at the top of this thread, ignore it. It doesn't mean anything. It's just showing you a total of amounts that you entered, but that total does not go on your tax return.