my Schwab withheld substantial funds from dividends accrued; where can I post the list of funds withheld by the broker
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Schwab provides considerable detail - a security by security listing - of dividends paid for the year but there's no need to enter that detail. All you need to enter is the summary "Box 4" number that's on the "Tax Year 2018 Form 1099 Composite" - "Dividends and Distributions -- 2018" page. This holds true for all the information on that page - only enter the summary numbers into your income tax return.
Tom Young
Schwab provides considerable detail - a security by security listing - of dividends paid for the year but there's no need to enter that detail. All you need to enter is the summary "Box 4" number that's on the "Tax Year 2018 Form 1099 Composite" - "Dividends and Distributions -- 2018" page. This holds true for all the information on that page - only enter the summary numbers into your income tax return.
Tom Young
what do you mean by dividends accrue?
federal withholding would be on line 4 on 1099-div and you enter it on that line in the TT form
foreign tax paid is on line 7 on 1099-DIV
if this is something else post back and elaborate on what happened.
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