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

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

smiths3
New Member

For my 1099-div, I need to put in my net gain and loss info for my dividends and distributions. How do I get to that in TurboTax?

 
Connect with an expert
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

For my 1099-div, I need to put in my net gain and loss info for my dividends and distributions. How do I get to that in TurboTax?

Dividends do not have a gain or loss.  Did you have sales in a investment account?  You get a 1099B for those.  Did you get a consolidated statement?   That will have sections for 1099-Int and 1099-Div and 1099B. You need to enter each section in the right place.  So read it carefully and look for headings.... 1099-INT for interest or 1099-DIV for Dividends or 1099B for sales.

 

Enter a 1099B  under

Federal Taxes Tab

Wages & Income

Then scroll down to Investment Income,

Then Stocks, Mutual Funds, Bonds, Other - click Start or Update

 

But you do not report dividends, interest, buys or sells in IRA or 401K or retirement accounts.  You only report distributions and 1099R forms.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies