Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
mike-p-stearns
New Member

Do I need to enter the information from a 1099 composite/year end summary form from charles schwab? Thanks

 
1 Best answer

Accepted Solutions
RichardG
New Member

Do I need to enter the information from a 1099 composite/year end summary form from charles schwab? Thanks

The document should contain three separate tax documents that you need to report:

  1. A 1099-DIV--that gets reported in TurboTax under Interest and Dividends
  2. A 1099-INT--that also gets reported under Interests and Dividends
  3. A 1099-B--that gets reported under Investment Income

Below are the specifics for reporting these forms in TurboTax.

https://ttlc.intuit.com/replies/3300478

https://ttlc.intuit.com/replies/3300478

https://ttlc.intuit.com/replies/4789365

View solution in original post

1 Reply
RichardG
New Member

Do I need to enter the information from a 1099 composite/year end summary form from charles schwab? Thanks

The document should contain three separate tax documents that you need to report:

  1. A 1099-DIV--that gets reported in TurboTax under Interest and Dividends
  2. A 1099-INT--that also gets reported under Interests and Dividends
  3. A 1099-B--that gets reported under Investment Income

Below are the specifics for reporting these forms in TurboTax.

https://ttlc.intuit.com/replies/3300478

https://ttlc.intuit.com/replies/3300478

https://ttlc.intuit.com/replies/4789365

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.46m
Members

2.57m
Discussions

Manage cookies
v