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New Member
posted Jun 5, 2024 7:55:51 AM

How do I enter: Total ordinary dividend income Qualified dividend income included above Long-term capital gain Total capital gain distribution

This is from specific funds that are all bundled into a trust.

0 2 24685
2 Replies
Level 15
Jun 5, 2024 8:52:16 AM

You shouldn't need to do anything. Long-term capital gains are automatically treated as qualified dividends. 

Level 15
Jun 5, 2024 2:33:44 PM

Total  dividend income (including both ordinary and qualified dividends) is entered in box 1a of form 1099-DIV. Qualified dividend income is entered in box 1b  of form 1099-DIV (even though it is already included in box 1a). Total capital gain distributions is entered in box 2a.  If entered in those places, TurboTax will then enter them in the right places on form 1040, Schedule D and the Qualified Dividends and Capital Gains worksheet.