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Can I enter the sum of 1099-DIV statements in TurboTax?
Vanguard states the following. Can anyone identify the source or accuracy?
If the total of all ordinary dividends (Box 1a) received from all your taxable
investments is more than $1,500, you must list each ordinary dividend
income source on Schedule B of Form 1040.
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Can I enter the sum of 1099-DIV statements in TurboTax?
Yes, you can enter the total of the ordinary and qualified dividends for the year on your Schedule B. You can reference page 2 of the IRS Schedule B instructions below.
The $1,500 limit you are referring to requires that you in have more than $1,500 in interest/dividend income then you must report whether or not you had any foreign accounts.You will be asked that question later in TurboTax.
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Can I enter the sum of 1099-DIV statements in TurboTax?
Yes, you can enter the total of the ordinary and qualified dividends for the year on your Schedule B. You can reference page 2 of the IRS Schedule B instructions below.
The $1,500 limit you are referring to requires that you in have more than $1,500 in interest/dividend income then you must report whether or not you had any foreign accounts.You will be asked that question later in TurboTax.
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Can I enter the sum of 1099-DIV statements in TurboTax?
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Can I enter the sum of 1099-DIV statements in TurboTax?
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Can I enter the sum of 1099-DIV statements in TurboTax?
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Can I enter the sum of 1099-DIV statements in TurboTax?
The dividend income source is "Vanguard". If another broker or a mutual fund sent you a separate 1099-DIV then you would enter that broker or fund as another source.
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Can I enter the sum of 1099-DIV statements in TurboTax?
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Can I enter the sum of 1099-DIV statements in TurboTax?
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