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Returning Member
posted Feb 10, 2023 9:53:33 AM

How do I list my dividends without a 1099-DIV?

I only made $5.39 via Merrill Edge investments last year, so I didn't get a 1099-DIV. However, before I moved my Coca-Cola stock to Merrill halfway through the year, I had made around $30 in dividends that were deposited into my checking account.

 

I want to accurately list all of this, but I have no forms to upload, and I see no way to list any of it without doing so via 1099 in TurboTax. Is there a section I can just list the total amount and call it a day?

0 8 3461
8 Replies
Expert Alumni
Feb 10, 2023 10:12:05 AM

Report the amount received as if you had received a 1099-Div. 

Select to type the form yourself

Where do I enter my 1099-DIV?

Returning Member
Feb 10, 2023 10:13:27 AM

Right, but I don't know who the financial institution is. I guess it'd be Merrill Edge for the second half of the year, but how do I list the dividends I received from my certificate stocks prior to moving them to Merrill?

Expert Alumni
Feb 10, 2023 10:54:47 AM

Since the dividends were not listed on a form 1099-DIV, you can make one entry for all of them. Enter them as if you were entering a form 1099-DIV. If you don't have a broker name, enter "NA" for not available.

Returning Member
Feb 10, 2023 12:46:42 PM

But it asks for an FEIN and says "needs review" when I try to skip it.

Expert Alumni
Feb 10, 2023 2:50:30 PM

You could the amount under 'Other Reportable Income' .

 

Wages & Income > Less Common Income > Misc Income 1099-A, 1099-C  > Update.

 

Scroll down to 'Other Reportable Income'.

 

 

 

Level 15
Feb 10, 2023 9:21:19 PM

You itemize these dividends on Schedule B. this is the correct way.

The payer of the first thirty dollars is "Coca-Cola"

The payer of the second thirty dollars is "Merrill Lynch"

 

there is a 1099-DIV from merril Lynch in your account statement online under "Taxes"

@Taxtige 

Level 15
Feb 11, 2023 5:23:56 AM

Simply use the "type it  myself"  and all you need is the payer's name and the amount of dividends.

 

 

Level 15
Feb 11, 2023 6:31:47 AM

The same situation arises when the IRS gives you interest. The IRS does not issue a 1099-INT.