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Level 2
March 28, 2020
Question

On 1099-r form I have an amount in box 1a and same amount in box 2a. My code is letter U for dividend distribution. Are these dividends taxable or not?

  • March 28, 2020
  • 2 replies
  • 17 views
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2 replies

Level 15
March 28, 2020

Yes, they are taxable. 

texas6023Author
Level 2
March 29, 2020

Ok thanks.   Turbo tax is entering as taxable but didn’t know if dividends are given to me if they should be taxed.