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I have a 1099 R and a 1099 Consolidated form? Where do I add these?

 
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nyinyeb
New Member

I have a 1099 R and a 1099 Consolidated form? Where do I add these?

A consolidated form 1099 received from your brokerage firm is basically several forms rolled into one document:

  • Form 1099-B - stock transactions
  • Form 1099-DIV - dividends paid
  • Form 1099-INT - interest paid
  • Form 1099-OID - Original Issue Discount
  • Form 1099-MISC- Reports other type of income (unusual)

To enter information from the 1099-DIV, 1099-INT, and 1099-OID sections:

  1. Click on Federal Taxes > Wages & Income.  [In TT Home & Biz: Personal > Personal Income > I’ll choose what I work on.]
  2. Scroll down to the Interest and Dividends section and click on the Start/Revisit box next to appropriate  category. 
  3. Enter the information and continue through the rest of the interview.


To enter information from the 1099-B section:

  1. Click on Federal Taxes > Wages & Income.  [In TT Home & Biz: Personal > Personal Income > I’ll choose what I work on.]
  2. Scroll down to the Investment Income section and click on the Start/Revisit box next to Stocks, Mutual Funds, Bonds, Other

To enter information from the 1099-R

search for 1099-R (upper- or lower-case, with or without the dash) in your TurboTax program and then click the "Jump to" link in the search results.

Then answer Yes, and click Continue and follow the on-screen instructions to either import or type in your 1099-R form.

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