In my original answer, I assumed this was a non-dividend distribution since you did not receive a 1099 DIV. I overlooked the fact that you mentioned cash dividend, which means it was distributed to you. I apologize for my mistake. let me help to rectify this error.
To avoid filing an extension, report this in the following manner. in this case, you will report this as you received the 1099 DIV
- Go to federal
- Wages and Income
- Interest and Dividends
- Dividends on 1099 DIV
- When you get to the section asking how you will like to enter the 1099 DIV, indicate you would like to type this in yourself
- in the first box, enter Charles Schwab Brokerage Services. Enter the amount of the cash dividend in Box 1A as an ordinary dividend.
Call Charles Schwab and ask them if these were qualified dividends. if so, enter the amount in Box 1B and find out if there are any capital gains distribution to report in Box 2A.
@sadesai
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