topic Dividend income in Get your taxes done using TurboTax

Dividend income

Lilcoop311 — Wed, 29 Jan 2025 20:06:01 GMT

I'm on the state section where it's asking about dividend income, do I enter from box 14 my UNION & OCARE?

Re: Dividend income

DaveF1006 — Wed, 29 Jan 2025 20:12:39 GMT

To clarify, what state is this and Box 14 from what? Is it from a 1099 DIV or Box 14 on a W2?

Re: Dividend income

Lilcoop311 — Wed, 29 Jan 2025 20:33:52 GMT

NJ box 14 of w2

Re: Dividend income

DawnC — Wed, 29 Jan 2025 20:44:46 GMT

No, don't enter your Box 14 information with your NJ Dividend income. On the state dividend screen, enter the amount of your total dividend income that is attributable to New Jersey.

When you enter your W-2, box 14, use Other - not on list for the code for that line item (UNION & OCARE).

Re: Dividend income

Lilcoop311 — Wed, 29 Jan 2025 20:52:34 GMT

Ok thank you, I guess I just don't understand what is a dividend then.

Re: Dividend income

RobertB4444 — Wed, 29 Jan 2025 20:57:08 GMT

If you own shares of stock in a company then that company will pay you a portion of their income each year. That is what dividends are. They would be reported to you on form 1099-DIV.

@Lilcoop311