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July 9, 2020
Question

For Schedule B - Form 1099-DIV, it is stating Box 5 199A dividends should be less than or equal to Box 1a but I have verify the actual document and Box 5 is higher. Stuck

  • July 9, 2020
  • 1 reply
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1 reply

SteamTrain
Employee
August 3, 2020

Check with the issuer of that 1099-DIV...they  need to issue a corrected 1099-DIV form.

 

Box 1a should not be lower than box 5. 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*