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New Member
posted May 31, 2019 5:34:58 PM

How is 1099 DIV different from 1099B?

I have 1099 INT and 1099-DIV but no 1099Bs.  Are these reported elsewhere as I continue?

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1 Best answer
New Member
May 31, 2019 5:35:00 PM

Yes, your 1099-B is reported in a separate section from that of your 1099-DIV and 1099-INT.

  • 1099-DIV reports Dividend Income
  • 1099-INT reports Interest Income
  • 1099-B reports Proceeds from sale of stocks

Your 1099-B can be entered as follows in TurboTax Deluxe:

  1. Click the Federal Taxes tab
  2. Click Wages & Income
  3. Scroll down to the Investment Income section
  4. Click the blue Show More for this section
  5. Click Start (or Revisit) next to Stocks, Mutual Funds, Bonds, Other

Please see attachment for reference.

1 Replies
New Member
May 31, 2019 5:35:00 PM

Yes, your 1099-B is reported in a separate section from that of your 1099-DIV and 1099-INT.

  • 1099-DIV reports Dividend Income
  • 1099-INT reports Interest Income
  • 1099-B reports Proceeds from sale of stocks

Your 1099-B can be entered as follows in TurboTax Deluxe:

  1. Click the Federal Taxes tab
  2. Click Wages & Income
  3. Scroll down to the Investment Income section
  4. Click the blue Show More for this section
  5. Click Start (or Revisit) next to Stocks, Mutual Funds, Bonds, Other

Please see attachment for reference.