sethhere04
Returning Member

My total Ordinary dividends are higher than qualified dividends due to non dividend distributions reducing the total ordinary distributions.

TurboTax Premier won't let me enter the total ordinary dividends because they are lower than my qualified dividends. Example: $100 total ordinary dividends and $100 of that is qualified dividends. But I received $100 non dividend distribution that reduces my total ordinary dividend down to $0 but my qualified dividends are still at $100, according to my 1099-div form from broker. Is this right or should the $100 non dividend distribution be subtracted from qualified dividends as well?