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I received 2 1099-DIVs from one of my investments, but Turbo Tax only imported 1! Why did it not pick up both? Of course the IRS picked up both, sigh

 
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2 Replies

I received 2 1099-DIVs from one of my investments, but Turbo Tax only imported 1! Why did it not pick up both? Of course the IRS picked up both, sigh

Depends on the situation.

 

1)  My mom got 2....but the second one came in March...because, for certain holdings, they are not forced to send them out until March.  SO you may have imported and filed before the second was issued.

 

2)  For vanguard...certain legacy Mutual Fund accounts are issued separately form their newer Brokerage accounts.  If you still have both account types, then you have to import separately from both.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

I received 2 1099-DIVs from one of my investments, but Turbo Tax only imported 1! Why did it not pick up both? Of course the IRS picked up both, sigh

3)  or one was a corrected 1099-DIV that was issued later.  I've had that happen.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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