3632664
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

adjust dividend for nominee distribution

I see the screen that lets me adjust the dividend for someone else, (nominee is the estate), but I don't see a screen for adjusting the withholding (entered in box 4 on the 1099)  (I want to enter some of the withholding on the 1041 form)

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DianeW777
Expert Alumni

adjust dividend for nominee distribution

The withholding should remain assigned to the return whose identifying number is listed. It's difficult for the IRS to adjust or change the withholding on a tax return and is not a good method. If there is excess it will be refunded on the return of the deceased (Form 1040). Filing Form 1310 will allow you to receive the refund in your name or the name of the estate depending on your information provided.

 

We are sorry for your loss.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question