How do I enter Dividends of under $5 but no 1099 received?

[KatrinaB · Accepted solution]

When you get to the 1099-Div screen You can report the funds as if you had received a 1099-Div. To do so, just put the name of the payor and put the dividend amount in Box 1.

Follow the directions below to input your dividend income.

1. Log in and click take me to my return (unless already in).
2. Click the search box, type in dividend income, and click the jump to link.

Alternatively, you can access Form 1099-Div by following the directions below:

1. Log in and click take me to my return (unless already in).
2. Click the Federal tab on the left-side of the screen.
3. Click the Wages & Income tab at the top of the page.
4. Scroll down and select Interest and Dividends

[martinb182]

Do I enter the sub-$10 dividends into Box 1a "Total ordinary dividends" or Box 1b "Qualified dividends"?

[MarilynG1]

Enter the dividends as reported on your 1099-Div form.  You have to enter both amounts in the appropriate boxes.

Under Wages & Income, go to Interest & Dividends, then scroll to 'Add Investments', 'skip import' and click on the Dividends tile. Enter the info from your form on the next page. 

@pezmartinis 

[martinb182]

Sorry for any confusion. This is a situation with dividends below $10 where no tax form was issued. I understand entering into TT in Box 1 as if I did receive a form, but wasn’t sure if it only goes into 1a or if there is something I should be calculating for Box 1b as well. 

[MarilynG1]

No, we wouldn't be able to tell you if anything should go in Box 1b.  That amount (if there is one) is usually included in Box 1.

You may be able to go online to the payer's website and get a 1099-DIV, or they could give you the info by phone.

@pezmartinis