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joindiana
New Member

Dividend 401K Company Stock?

I received a dividend from my 401k for the company stock I own in the 401k. I work for a Large Bank and I own almost 1,000 shares of the Large Bank Stock in my 401K. I received a dividend of over 1,000 in October in the tax year 2018. Where in Turbo Tax do I report the dividend received? I did not receive a 1099 for this dividend.  Shouldn't I have received a 1099?

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

Dividend 401K Company Stock?

Dividends paid on stock in your 401(k) account are tax-deferred and are not reported on your personal return. You would not receive a 1099-DIV in your name.

The owner of these shares is your 401(k) account and not you personally.

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2 Replies
MinhT
Expert Alumni

Dividend 401K Company Stock?

Dividends paid on stock in your 401(k) account are tax-deferred and are not reported on your personal return. You would not receive a 1099-DIV in your name.

The owner of these shares is your 401(k) account and not you personally.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
TomYoung
Level 13

Dividend 401K Company Stock?

If you actually "received" the dividend - cash to you - then, typically, this amount is reported on your W-2.  Check to see if that's the case.

Tom Young

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