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New Member
posted Feb 16, 2026 9:20:09 AM

Stock Dividends

I only received dividends on a stock. Did not buy or sell any stock? Do I have to use the Premium of the on line version of Turbotax?

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1 Replies
Employee Tax Expert
Feb 17, 2026 6:40:41 AM

IRS Schedule B reports interest and dividend income.  If Part II line 6 is over $1,500, IRS Schedule B must be included with the tax return.

 

If IRS Schedule B is included with the tax return, TurboTax version Deluxe or Premium is required.

 

So, if you only report $100 in dividend and interest income, Deluxe or Premium is not required.

 

If you report $1,501 in dividend and interest income, Deluxe or Premium is required.

 

In TurboTax Online, you may be able to Switch Products or Clear and Start Over.

 

Switch Products or Clear and Start Over may be found in the lower left hand corner of the screen if it is available to you.

 

See also this TurboTax Help.

 

 As long as you:

 

  • have not submitted payment, 
  • deducted the TurboTax fee from your refund, or 
  • registered your product

you may erase your return and start from scratch in TurboTax Online. If you have done any of these things, you will need to manually edit your return.