turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

nsejrtax
Returning Member

If 1099-div has the same value 1a and 1b boxes3,4,7,8,9 are blank. should 1a or 1or both be used?

i have asked this same question 6 times is there a better way to ask the same question?
3 Replies

If 1099-div has the same value 1a and 1b boxes3,4,7,8,9 are blank. should 1a or 1or both be used?

Be used for what?  You enter both box 1a and 1b from the 1099Div.   Box 1b is only the portion (or all) of 1a that is taxed as qualified dividends.  They get taxed as Capital Gains.   You have to enter both boxes.   You have to enter box 1a.  You can enter box 1a without an amount in 1b, but if you have an amount in 1b you have to have an amount in box 1a.  Hope that makes sense to you.

 

Are you entering it in the right place?

Enter a 1099-Div under

Federal on left or top

Wages and Income

Interest and Dividends

Dividends on 1099-DIV - Click the Start or Update button

 

Don't enter the bank name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

 

If 1099-div has the same value 1a and 1b boxes3,4,7,8,9 are blank. should 1a or 1or both be used?

Sorry don't know where your other 6 questions went.   This is the only question you have posted under this username.

If 1099-div has the same value 1a and 1b boxes3,4,7,8,9 are blank. should 1a or 1or both be used?

On your 1040 form box  1a will appear on line 3b and box 1b will go on line 3a - they can be the same.    Line 3b adds to your AGI and line 3a determines the amount that is taxed at the "capital gains and qualified dividend" lower tax rate.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v