Dividend reclass

Forum|Forum|1 year ago
March 26, 2025
2 replies
5 views

what screen or section do i use on the web version of the TT software to enter something into line 4g of IRS Form 4952? I want to reclassify a portion of my qualified dividend as ordinary dividend or investment income. Nobody from TT has been able to help me on this so far. Thank you.

Ask the Experts - Education - Mar 2025

RobertB4444

Level 15

When you enter the 1099-DIV into TurboTax the very next screen has three options. The second option is "I need to adjust these dividends". Adjust the dividends there and that will carry the amounts to the appropriate form.

@RK2025

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RK2025Author

Level 2

that doesnt work. tried all permutations and combinations. it doesnt appear on line 4g of Form 4952.

DaveF1006

Level 15

The TurboTax online version does not allow you make this adjustment. You may purchase the software and you can enter an amount on 4G of Form 4952. If you are interested in switching, you can perform the following steps.

Log into TurboTax
Open your return
Go to tax tools
Tools
Save my 2024 return to my computer.

After this first step is complete.

Install and/or open your 2024 TurboTax Desktop.
- If you have not purchased TurboTax Desktop software, select the product you need to complete your return.
- Important: If your return includes a state, make sure you also install the corresponding state program(s) in order to proceed.
Select Continue From TurboTax Online.
Sign in to your Intuit Account.
Your data will be imported into TurboTax Desktop, and your return will open once data transfer is complete.