You'll need to sign in or create an account to connect with an expert.
It depends if you received qualified dividends (reported in box 1b). Box 1a shows all dividends received. If all of the dividends received were qualified dividends then box 1a and box 1b will be the same. Please see 1099-DIV Instructions for additional details.
Qualified dividends are a special type of dividend that often receive preferential tax treatment. They’re taxed as long-term capital gains (the rates are 0%, 15%, and 20%).
In order to be considered qualified dividends, they must:
Please see Where do I enter my 1099-DIV in TurboTax Online? for additional information.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Juliaxyw
Level 2
tcondon21
Level 2
1000gardens
Level 1
claire-hamilton-aufhammer
New Member
ilenearg
Level 2