Fidelity 1099-DIV

Forum|Forum|1 year ago
March 18, 2025
2 replies
0 views

My 1099-DIV, under 1a, there is Fidelity Blue Chip Growth and Fidelity Government Cash Reserves. Each has two different ordinary dividends amount. Do I just total the two ordinary dividends amounts and enter that amount or do I create another 1099-DIV for Fidelity Government Cash Reserves?

DavidD66

Level 15

It sounds like you have funds held directly by the mutual fund company (Fidelity) as opposed to owning funds in a brokerage account. When your funds are held at the fund company, each fund has to be reported separately. Each of them should have their own Tax ID #. If this is the case, you will have to enter each one as a separate Form 1099-DIV or 1099-INT, if there is any interest paid.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

baldietax

Level 12

just enter the total in 1a which should be same as provided by Fidelity on the 1099-DIV form at the front of your statement. I can't think of a reason to split these.

For the US Gov Obligations $ amount, if you are looking for state tax exemption on that, you need to calculate that for each fund based on their contribution to Box 1a multiplied by the % provided for each fund in the supplemental info (see Fidelity website / tax resources - likely low % for blue chip growth, high % for gov cash reserves). Those $ amounts can then be entered as a single total.