turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

rick-mohr
New Member

Are all dividends, and Capital Gains from [A] report-able and taxable 2018 even though it is a "rollover" and we report it that way in the tax return?

My wife's company[A] sold the business to another company[B] in 2018. Her 401k was rolled over into a 401k at company B. We were given 1099 DIV from plan [A] for 2018 and 1099 for the rollover


x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
HelenaC
New Member

Are all dividends, and Capital Gains from [A] report-able and taxable 2018 even though it is a "rollover" and we report it that way in the tax return?

If you received a 2018 1099-Div form, yes it has to be reported and it will be taxable. The 1099-R has to be reported but it won't be taxable because it's a Rollover.

I would contact the retirement administrator to ask why you were given a 1099-Div when those funds should have been re-invested in the 401(k).

Related information:

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question