I'm filing as resident and Scottrade sent me two 1042-S forms. The total amounts are under $100.
In box 1, one form has code 01 and the other has code 06.
Since I'm filing as resident, I want to see if I can enter these manually on Turbo Tax (I know that it doesn't support these forms).
Could someone point me to the correct way to input the income for both of these codes in Turbotax?
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Yes, you can include this information on your 1040 as follows:
For your 1042-S with Code 1 (interest income):
You will enter this as interest income as if you received a 1099-INT.
To enter this interest income in TurboTax Online or Desktop, please follow these steps:
For your 1042-S with Code 6 (dividend income):
You will enter this as dividend income as if you received a 1099-DIV.
To enter this dividend income in TurboTax Online or Desktop, please follow these steps:
Yes, you can include this information on your 1040 as follows:
For your 1042-S with Code 1 (interest income):
You will enter this as interest income as if you received a 1099-INT.
To enter this interest income in TurboTax Online or Desktop, please follow these steps:
For your 1042-S with Code 6 (dividend income):
You will enter this as dividend income as if you received a 1099-DIV.
To enter this dividend income in TurboTax Online or Desktop, please follow these steps:
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