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DawnC
Employee Tax Expert

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

You will enter it when you enter the K-1.    How do enter 199A information into TurboTax

@mbcohen139 

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mbcohen139
Returning Member

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

That's the problem.  There is no place to enter it from a K-1, only from a 1099.  I supposed I could just create a 1099 for this one item and it would flow through, but I'm sure there is a way of doing it without this workaround.  Thanks for your reply.

DianeW777
Expert Alumni

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

If you go to your K1 entry (instructions are for 1065-K1) go to Box 20 and enter the Code Z. This should take the Section 199A dividends to the appropriate place on the tax return for Qualified Business Income Deduction (QBID).

 

Please update here if you need further assistance and we will help.

@mbcohen139 

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