2 Questions about Walamart stock

Forum|Forum|1 year ago
January 20, 2025
2 replies
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Hello.

I have 2 questions about my Walmart Stock

1) I work at Walmart and I have stock taken out of my check every two weeks. I have not sold any stock and I have not taken anything out.. Do I still need to report it or will it be listed on my W2 forum?

2) I received a email from Walmart Computer Share saying that my tax documents were ready. I saw two items that were dated 1-18-29 and I open it up both up and at the bottom it says

Form 1099- DIV (Keep for your records).

Do I need to report theses items also?

Thanks for your time and I look forward to hearing from you soon 🙂

Bsch4477

Employee

If you received 1099-DIV you must report the amount. You don’t have to do anything about the stock purchases.

Isaiah4031Author

Where will I report this?

Thanks

VolvoGirl

Employee

You enter the 1099DIV for dividends on your personal 1040 tax return.

Enter a 1099-Div under

Federal

Wages & Income

Interest and Dividends

Interest on 1099-DIV - Click the Start or Update button

DavidD66

Purchases of stock are not reported until the stock is sold. Therefore, the stock that you have purchased through your payroll deductions, does not need to be reported. WalMart does pay a dividend, which is taxable income, so you will need to report that by entering Form 1099-DIV on your tax return. If you have two Forms 1099-DIV, you could have more than one account, in which case you would need to enter them both. Make sure that they are not duplicates when you enter them. Also, if one is from a prior year, do not enter it on your 2024 tax return.

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