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Level 2
posted Jun 1, 2019 8:58:14 AM

1099 dividends are $11387 but the summary shows over $42000. There is a duplicate somewhere but I can't get to it and delete it.

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1 Best answer
New Member
Jun 1, 2019 8:58:16 AM

You can preview your tax return without paying the TurboTax fees.

You need to be inside your tax return as you follow the steps below. 

  • Please click on Tax Tools in the column on the left side of your Turbo Tax screen. 
  • Then click on Tools; (See the screenshot below)
  • Then View Tax Summary (See the second screenshot below)
  • Click on "Preview my 1040" in the left column. (See the third screenshot below)
Or, you can print your returnIf you have not paid for your TurboTax fees, you will be prompted to do so.Click on Tax Tools in the column on the left.
  • Click on Print Center
  • Click on Print, save or preview this year's return
  • Follow the prompts.
  • Once you have the forms displayed in PDF, scroll to Schedule B.

23 Replies
New Member
Jun 1, 2019 8:58:16 AM

You can preview your tax return without paying the TurboTax fees.

You need to be inside your tax return as you follow the steps below. 

  • Please click on Tax Tools in the column on the left side of your Turbo Tax screen. 
  • Then click on Tools; (See the screenshot below)
  • Then View Tax Summary (See the second screenshot below)
  • Click on "Preview my 1040" in the left column. (See the third screenshot below)
Or, you can print your returnIf you have not paid for your TurboTax fees, you will be prompted to do so.Click on Tax Tools in the column on the left.
  • Click on Print Center
  • Click on Print, save or preview this year's return
  • Follow the prompts.
  • Once you have the forms displayed in PDF, scroll to Schedule B.

Level 2
Jun 1, 2019 8:58:29 AM

I did as you say and got the summary. The dividends on line 9 are $42K and should be $13K. This review will not let me go to schedule B or make any corrections. Is there a way to do this before filing? Thanks again!!

New Member
Jun 1, 2019 8:58:29 AM

At this point you should pay the TurboTax fees, then contact us and have the software download pushed to you.   Please go to <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number?jump_to=answer_3300041">https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number?jump_to=answer_3300041</a> for further information on how to contact TurboTax.
Read all the way through the instructions under TurboTax Online.  When you call, be sure to tell them you are using TurboTax Premier.

New Member
Jun 1, 2019 8:58:43 AM

You should be able to edit the information on the input screen.

  • Log into your return
  • Click on Federal
  • Click on Wages & Income
  • Scroll to Dividends on 1099-DIV and click the Edit/Add button

On the "Here's the dividend info we have so far" screen, you should be able to look at the amount of Capital Gains Distribution, Exempt Dividends, and Ordinary Dividends. (See the screenshot below)

Compare the amounts on the screen to you Forms 1099-DIV.

If you see duplicates, click the Delete button, or if the amounts are wrong click the Edit button.

Level 2
Jun 1, 2019 8:58:53 AM

Thanks. I've done exactly what you suggest several times. The total dividends from all posted sources is actually $16K. They are all listed there. However, over on the summary page, dividends show $42K for 2017. I even deleated all the dividend postings and started over and the $42 K is still there??

Level 15
Jun 1, 2019 8:59:13 AM

It can come from other places.  Did you get any K-1 forms?

But if Schedule B and the actual 1040 is right, ignore the summary.  If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 form and make sure it’s right.

Level 2
Jun 1, 2019 8:59:15 AM

10-4

Level 2
Jun 1, 2019 8:59:15 AM

Can I make changes on the actual 1040 before filing or do I have to make them on the work sheet?

New Member
Jun 1, 2019 8:59:17 AM

Because you are using TurboTax Online, you will need to make the changes on the input screens.

Level 2
Jun 1, 2019 8:59:18 AM

Thanks. The Dividend input screen is correct. It lists the various dividends from all the sources that I have entered. Total is $13,000. However, on the Wages and Income summary showing everything, 1099 dividends show $42,000. So, my input and the summary are way off and I can't figure out how to correct the $42,000??

Can I do it on the actual 1040 before filing?

Jerry

New Member
Jun 1, 2019 8:59:19 AM

What shows up on the actual 1040?

Level 2
Jun 1, 2019 8:59:21 AM

Don't know yet. Can I pull it up before I file? Thanks

New Member
Jun 1, 2019 8:59:21 AM

See Additional Answer

Level 2
Jun 1, 2019 8:59:23 AM

The 1040 preview shows the incorrect $42K dividends on line 9 but there is no way to make a correction on this preview unless you can tell me how. 

New Member
Jun 1, 2019 8:59:25 AM

See the comment at the bottom of the page.

Level 2
Jun 1, 2019 8:59:26 AM

Thanks. As long as I can make changes in the actual 1040 before filing, I can sort it out. There is a glitch in the TurboTax system to let this happen. It happened to me once before where dividends were double reported and I had to file an amended return. 

Level 2
Jun 1, 2019 8:59:27 AM

I guess bottom line question is can I make corrections on the 1040 before filing it? If so, I can enter the correct dividends on line 9 regardless of what TurboTax shows on the summary page. If they show $45K I will change it to $16K. OK?

New Member
Jun 1, 2019 8:59:28 AM

See the comment made at the bottom of the page.

Level 2
Jun 1, 2019 8:59:29 AM

Can I edit and correct the actual 1040 before filing or do I have to correct the work sheets first? 

Thanks

Level 2
Jun 1, 2019 8:59:31 AM

I cannot change the dividend and income entry on the 1040. The total there is duplicated and needs to be corrected. However this 1040 error does not show on the work sheet so cannot be corrected there. What to do?

New Member
Jun 1, 2019 8:59:34 AM

See the last comment under the original question.

Level 2
Jun 1, 2019 8:59:36 AM

I don't see your comment??

New Member
Jun 1, 2019 8:59:37 AM

At this point you should pay the TurboTax fees, then contact us and have the software download pushed to you.   Please go to <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number?jump_to=answer_3300041">https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number?jump_to=answer_3300041</a> for further information on how to contact TurboTax.
Read all the way through the instructions under TurboTax Online.  When you call, be sure to tell them you are using TurboTax Premier.