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Level 1
posted Mar 1, 2023 11:23:47 AM

1099 DIV Box 7

Box 7 reflects -43.53 and TT says it is not between the upper and lower limits. What do I do?

0 2 822
1 Best answer
Expert Alumni
Mar 3, 2023 6:44:37 AM

Yes, this value can never be negative. You may wish to contact the issuer to find out if the - sign is by mistake. If this entry should be a negative value, just remove it completely from Box 7. 

 

If the negative sign was put by mistake, then remove the minus sign  as Bsch4477.

2 Replies
Level 15
Mar 2, 2023 1:29:07 PM

Omit the minus sign. 

Expert Alumni
Mar 3, 2023 6:44:37 AM

Yes, this value can never be negative. You may wish to contact the issuer to find out if the - sign is by mistake. If this entry should be a negative value, just remove it completely from Box 7. 

 

If the negative sign was put by mistake, then remove the minus sign  as Bsch4477.