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June 4, 2019
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Where to enter in turbotax business 199a dividends reported on a 1099 ….this is a passthrough business to generate k1

  • June 4, 2019
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Best answer by Anonymous_

"where to enter in turbotax business 199a dividends "

If you have a 1099-DIV (or the dividends are reported on a 1099-B), then enter the figure as follows:

For a 1041 (trust/estate): Federal taxes tab>>Income>>Dividend Income on 1099-DIV and enter the dividends on Line 5 of the 1099-DIV template.

For a 1065 (partnership/multi-member LLC): Use Forms Mode and enter the REIT dividends on Line 6c of Schedule K

For an 1120-S (S corp): Use Forms Mode and enter the REIT dividends on Line 5b of Schedule K.

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Employee
June 4, 2019

"where to enter in turbotax business 199a dividends "

If you have a 1099-DIV (or the dividends are reported on a 1099-B), then enter the figure as follows:

For a 1041 (trust/estate): Federal taxes tab>>Income>>Dividend Income on 1099-DIV and enter the dividends on Line 5 of the 1099-DIV template.

For a 1065 (partnership/multi-member LLC): Use Forms Mode and enter the REIT dividends on Line 6c of Schedule K

For an 1120-S (S corp): Use Forms Mode and enter the REIT dividends on Line 5b of Schedule K.