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New Member
posted Mar 26, 2021 2:37:15 PM

I have a 1099-misc. One of the questions i need to answer is "Did you get dividends from holding company stocks or shares. Should I answer yes?

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2 Replies
Expert Alumni
Mar 26, 2021 8:31:19 PM

A dividend would be a payment you received from the company that you own stock in, usually from profits in the current year. It would normally be reported on a form 1099-DIV. TurboTax is asking if you received that.

Level 15
Mar 26, 2021 9:20:43 PM

The 1099-MISC is not used to report dividends. The 1099-DIV is normally used for that. So if you did not receive a 1099-DIV or some other tax reporting document "in lieu of" the actual 1099-DIV form, you'll answer the question NO.