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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 right, I'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.
‎June 6, 2019
1:53 AM