How do I enter Section 199A dividends reported on 1099-DIV?

Forum|Forum|4 years ago
February 12, 2022
2 replies
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I can’t find a box to input this information.

TurboTax Premier Online

Best answer by ThomasM125

To enter the box 5 amount on your form 1099-DIV, you will see box below the box 1(b) entry for your 1099-DIV that says My form has more than just these boxes (this in uncommon), check that box and your will see where you can enter the amount in box 5, Section 199A dividends.

ThomasM125Answer

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pugsleyaltenreidAuthor

Can this be done in the Online version? I don't see this option. Do I need to buy the download version to input this information?

PattiF

Yes, this can be done on TurboTax Online.

In the Dividend section, check the box My form has info in other boxes (this is uncommon). The other boxes will show up then.

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ALS51

How do I enter Section 199A dividends reported on 1099-DIV that has amounts in Items Boxes Numbered 3; 7; and 8 that will eliminate the Red Flag Errors I am receiving on Turbo Tax Home & Business

Mike9241

199A dividends are reported on line 5 and have nothing to do with line 3,7 ,8

the amount on line 1 of the 1099 gross dividends must be great than line 5

line 3 isn't used for anything and is not reported

don't know what you have on line 7 or 8 but if you are below the threshold for filing form 1116 ($600 for joint returns $300 for all other filing statuses) the only number to enter is the amount of the foreign tax credit. otherwise all other info is required including selecting a column, linking to form 1116 and completing that form