It is a Walmart employee stock purchase. Walmart has a company match. No stocks have ever been sold.
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The answer to your question is yes, you do need to include the dividends received on your Walmart stock (and as reported to you on Form 1099-DIV) on your personal income tax return. The fact that you are the owner of the Walmart shares (however acquired), and that your shares are not held in a tax-sheltered retirement account (like an IRA, for example), makes you legally responsible for reporting the dividend income.
On a more personal note, as a practicing CPA in the United States, I am somewhat familiar with the Walmart Employee Stock Purchase Plan. Based on the multiple such Walmart employee tax returns that I have seen or prepared personally, you absolutely do need to record the dividend income on your personal return.
Although you may have already found where to mechanically input your 1099-DIV into the TurboTax software, if you have not, then you can use the easy instructions detailed at the following link:
https://ttlc.intuit.com/questions/2952456-where-do-i-enter-my-1099-div
Thank you for asking this question.
The answer to your question is yes, you do need to include the dividends received on your Walmart stock (and as reported to you on Form 1099-DIV) on your personal income tax return. The fact that you are the owner of the Walmart shares (however acquired), and that your shares are not held in a tax-sheltered retirement account (like an IRA, for example), makes you legally responsible for reporting the dividend income.
On a more personal note, as a practicing CPA in the United States, I am somewhat familiar with the Walmart Employee Stock Purchase Plan. Based on the multiple such Walmart employee tax returns that I have seen or prepared personally, you absolutely do need to record the dividend income on your personal return.
Although you may have already found where to mechanically input your 1099-DIV into the TurboTax software, if you have not, then you can use the easy instructions detailed at the following link:
https://ttlc.intuit.com/questions/2952456-where-do-i-enter-my-1099-div
Thank you for asking this question.
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