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byousey
New Member

I have a 1099 DIV, do I list and file it as a 1099 R?

Where do I enter it?
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2 Replies
mlegois
New Member

I have a 1099 DIV, do I list and file it as a 1099 R?

Do NOT enter it as a 1099 R, they are completely different.  Under the Personal Income section go to Interest and Dividends.  There is a section to enter your 1099 DIV.

RayW7
Expert Alumni

I have a 1099 DIV, do I list and file it as a 1099 R?

mlegois is correct, a 1099-DIV is different from a 1099-R.

 

Here is where you enter a099-DIV information-

Form 1099-DIV reports dividend income you received from your investments. To enter this in TurboTax Online:

  1. Open or continue your return.
  2. Search for 1099-DIV and select the Jump to link in your search results.
  3. Answer Yes to Did you receive any dividend income?
  4. Choose your bank or brokerage from the list to import your 1099-DIV and select Continue or manually enter your 1099-DIV  by selecting I'll type it in myself.
  5. Follow the on-screen instructions to enter your 1099-DIV.

Don't combine the amounts from two or more 1099-DIV forms if they're from the same payer. Instead, enter additional 1099-DIVs individually by answering Yes to Do you have any more dividend income from somewhere else? after you've entered all the information from your first 1099-DIV.

If you've already entered a 1099-DIV and need to enter a second 1099-DIV, select Add another 1099-DIV and follow the same steps above.

 

 

Form 1099-R is used to report the distribution of retirement benefits such as pensions and annuities. You should receive a copy of Form 1099-R, or some variation, if you received a distribution of $10 or more from your retirement plan.

 

A common reason for receiving a 1099-DIV form is because some of the stocks you own pay dividends, or a mutual fund you invest in made a capital gains distribution to you during the year. You won’t file the 1099-DIV with the Internal Revenue Service, but you will need the information it reports when preparing your tax return.

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