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Retirement tax questions
Just start a new 1099-DIV form and enter them on the form...but you DO need to check the box on that page to indicate that the 1099-DIV form has more than the boxes 1a, 1b, 2a shown right at the start....checking that box allows the software to show all the other boxes for a 1099-DIV form:
box 3 = Non-Dividend distributions (usually a return of capital for some security or fund you hold, that reduces your basis in that security...)
box 5 = Section 199A distributions
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
May 7, 2021
6:09 AM
754 Views