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Level 2
posted Feb 15, 2021 9:30:08 PM

Does anyone have the correct U.S. Government interest saved? My TurboTax 1099-DIV is flagged as "Needs review", and the U.S. Government interest field is reset to empty.

There is no error message, but TurboTax seems to know that the 1099-DIV needs review.

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1 Best answer
Expert Alumni
Feb 16, 2021 2:38:15 PM

This issue has been fixed.  Make sure you update the program.  Click here:

 

1099-DIV needs review

 

 

Thank You for your patience

 

A common reason for receiving a 1099-DIV form is because some of the stocks you own pay dividends, or a mutual fund you invest in made a capital gains distribution to you during the year. It is possible that you might also receive US government related funds that are tax exempt.  You won’t file the 1099-DIV with the Internal Revenue Service, but you will need the information it reports when preparing your tax return.

 

For more information, click here: 1099-DIV

1 Replies
Expert Alumni
Feb 16, 2021 2:38:15 PM

This issue has been fixed.  Make sure you update the program.  Click here:

 

1099-DIV needs review

 

 

Thank You for your patience

 

A common reason for receiving a 1099-DIV form is because some of the stocks you own pay dividends, or a mutual fund you invest in made a capital gains distribution to you during the year. It is possible that you might also receive US government related funds that are tax exempt.  You won’t file the 1099-DIV with the Internal Revenue Service, but you will need the information it reports when preparing your tax return.

 

For more information, click here: 1099-DIV