Form 1099-DIV is used to report dividends earned throughout the tax year, as well as certain capital gain distributions. Dividends are usually paid when stocks are doing well.
Where to enter Form 1099-DIV?
To enter Form 1099-DIV, go to:
- Federal Section
- Income - Select My Forms
- 1099-DIV, INT, OID - Interest Income, Dividend Income, and Distributions
You will be prompted to select the form and type of income you need to report. Select the appropriate form and enter the information from your original form.
The program will carry the figures that you enter to the appropriate places on your return. If you would like to know where to look for each item, click the link below. Included in the document will be “Instructions for Recipient”. Use these instructions to determine where the figures should appear on your return forms.
To view a sample Form 1099-DIV, click here.