jrpeter2
Returning Member

Retirement tax questions

Thank you for the quick response.  I have made two copies of my tax return that are identical except for entering the said ESOP Stock dividends as 1099-R or 1099-DIV in the personal section using Turbotax Home & Business.  Program calculates ~$1000 higher federal tax when entered as R as compared to DIV.  Can not locate how that difference occurs.  The way I understand your response there should be no difference between the two.  Is that correct?