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New Member
posted Feb 23, 2025 5:50:08 PM

Turbo Tax incorrectly accounting for IRA dividends/interest?

In the income section, TurboTax asks for income figures from my 1099-DIV and 1099-INT (block 1a), but I don't see where it differentiates if it's from an IRA.  Did I miss something?

0 2 695
2 Replies
Level 15
Feb 23, 2025 5:53:55 PM

You won't get any DIV or INT statements from an IRA.

 

Report any such tax documents sent to you on your tax return.

 

@skylark2492 

New Member
Feb 26, 2025 6:53:27 AM

I took a closer look at the statement.  It turns out the 1099 was for my money market acct, which is managed by the same company that handles my IRA.  Thanks.