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L
linda407-p
March 26, 2020
Question

If the amount in Box 11 is larger than Box 1a on 1099-Div, what do I do?

  • March 26, 2020
  • 1 reply
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1 reply

M
MinhT1
March 26, 2020

There is no relationship between Ordinary dividends in box 1a and Exempt-interest dividends in box 11. You report both boxes in your tax return.

 

An exempt-interest dividend is a distribution from a mutual fund that is not subject to federal income tax. Exempt-interest dividends are often associated with mutual funds that invest in municipal bonds.

 

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