How do I enter Section 199A dividends reported on 1099-DIV?

[pugsleyaltenreid]

I can’t find a box to input this information.

[ThomasM125 · Accepted solution]

To enter the box 5 amount on your form 1099-DIV, you will see box below the box 1(b) entry for your 1099-DIV that says My form has more than just these boxes (this in uncommon), check that box and your will see where you can enter the amount in box 5, Section 199A dividends. 

[pugsleyaltenreid]

Can this be done in the Online version? I don't see this option. Do I need to buy the download version to input this information?

[PattiF]

Yes, this can be done on TurboTax Online.

In the Dividend section, check the box My form has info in other boxes (this is uncommon). The other boxes will show up then.

[pugsleyaltenreid]

I should clarify that I'm trying to input this information for my child that who's Divided income I am trying to include on my return in the Child's Income section. I don't see a place here to input this information. Will I need to file a separate return for him because this?

[DMarkM1]

You can enter those in the "Ordinary Dividends" box in the "Child Income" topic.  On the 1099B, the 199A dividends are a subset of box 1A and taxed as ordinary income.  However, the 199A dividends are separately identified to be eligible for the qualified business deduction (20% of amount deducted from income).  

In order to get that qualified business deduction you would need file a separate return for him and enter the form 1099B.  

The savings may be negligible.  For example if your tax bracket is 10% and the 199A dividend amount is $1000 the tax will be $100 on your return.  However on his return only $800 is taxed so the tax will be $80.  This is a simplified example there may be other factors. 

You can start a free return for him in TurboTax without filing to compare to your return with/without the dividends.  

[scottfreeheel]

My Turbotax lists box 5 as "Investment Expenses"; 199A Dividend is not an option on the form.

[PattiF]

TurboTax 1099-DIV input screen shows:

Box 4 - Federal income tax withheld                                                              Box 5 - Section 199A dividends

Box 6- Investment Expenses                                                                            Box 7 - Foreign tax paid

The Section 199A dividends can be entered in Box 5 as shown below.

[sonbergdc]

This reply is not correct: The list shows up but no boxes -- in particular, no blank for box 5.

[JamesG1]

Are you able to click My form has info in other boxes (this is uncommon)?  

See here.

@sonbergdc 

[sonbergdc]

I finally clicked in the right place to get the boxes to show. Before that, if they were there, the lines were so thin and faint that they did not show on my desktop machine (2022 iMac).  I suggest the detail people make the lines thicker or have the boxes flash when the bold print numbered box titles are clicked on. 

[ALS51]

How do I enter Section 199A dividends reported on 1099-DIV that has amounts in Items Boxes Numbered 3; 7; and 8 that will eliminate the Red Flag Errors I am receiving on Turbo Tax Home & Business

[Mike9241]

199A  dividends are reported on line 5 and have nothing to do with line 3,7 ,8 

the amount on line 1 of the 1099 gross dividends must be great than line 5

line 3 isn't used for anything and is not reported 

don't know what you have on line 7 or 8 but if you are below the threshold for filing form 1116 ($600 for joint returns $300 for all other filing statuses) the only number to enter is the amount of the foreign tax credit. otherwise all other info is required including selecting a column, linking to form 1116 and completing that form 

[mbcohen139]

What if the Sec 199a dividends were reported on a K-1 from a Trust?  Where would this be entered (there is no box like there is if it were coming from a 1099)?  Thank you.

[mbcohen139]

What if the Section 199a amount is reported on a K-1 from a trust and not from a 1099?  I don't see how the number can be inputed other than on line 5 of a 1099. Thank you