Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 24, 2021 4:25:20 PM

I missed to report $20.22 qualified dividend I earned from investment account which TurboTax didn’t pull this information. Please let me know what I should do ??

0 1 77
1 Replies
Expert Alumni
Mar 24, 2021 4:51:30 PM

I suggest you prepare an amended return in TurboTax to see if any tax is due, in which case you can submit the amended return and pay the tax. It may be that the income is not taxable, as dividend income may not be taxable if your income is in a lower tax bracket.

 

You need to wait until your return is processed before you submit an amended return. You will see an option to prepare the amended return on your home page in TurboTax. 

 

If it turns out you do not owe taxes, then you don't need to submit the amended return.