Investors & landlords

To enter your dividends, you can create a 1099-DIV, even if you did not receive one from your brokerage.  Do do this,

  • In your Federal Return, choose the tab for Wages & Income
  • Scroll down to the topic Dividends on 1099-DIV (you may have to click Add more income and See a list to find it) and choose Start/Edit
  • Choose Edit if you already started or + Add more income to enter your 1099-DIV
  • If you haven't started already, on the next page, scroll down and choose the gray button in the lower rightI'll type it in myself. 
  • On the page Let's get your 1099-DIV or brokerage statement details enter your brokerage name and the dividends you have calculated. 

Banks and brokerage houses are not required to report "de minimus" amounts to you, but  - as you seem to be aware - you are still required to report this income on your return.  This is not new with the current tax laws, but it does seem to be more prevalent. 


View solution in original post