TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Question

Where do you report tax-exempt dividends in investment income?

Forum|Forum|1 year ago
March 3, 2025
2 replies
24 views

No text available

Level 15

it's a line on the 1099-DIV worksheet under less common items line 12

Mike9241

Alumni - Intuit

To report your Tax exempt interest:

Open your return.
Go to Federal
Go to Income and expenses
Scroll down to Investments and Savings
Select Start or Revisit to the right of Dividends on 1099-DIV
Select Yes on the Did you receive any investment income? screen, then select Continue
- If you see either the Your investments & savings or Here's your 1099-DIV info screen, select Add investments or Add another 1099-DIV as appropriate, then select Continue
On the screen Let's get the info from your 1099-DIV
Select the box My form has info in other boxes (this is uncommon).
Scroll down to enter Exempt-interest dividends

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

Level 15

Or box 8 on a 1099-INT if you happen to own individual bonds.

Those $$ should show up in the correct form, on whatever tax documents the brokerage or Fund company sent you.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*