You'll need to sign in or create an account to connect with an expert.
That percentage is a percentage of the total dividends. So, you multiply by the box 1a (ordinary dividends) of the 1099-Div.
The box 1b amount is already included in the box 1a amount, so you don't add them together. Nor, do you subtract 1b from 1a.
That percentage is a percentage of the total dividends. So, you multiply by the box 1a (ordinary dividends) of the 1099-Div.
The box 1b amount is already included in the box 1a amount, so you don't add them together. Nor, do you subtract 1b from 1a.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
porcupinewoman
New Member
rib123
New Member
tstacy
New Member
bdr123
New Member
bumrocks
Level 2