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February 23, 2025
Question

Unusual 1099-DIV

  • February 23, 2025
  • 1 reply
  • 0 views

My wife participated in a company stock purchase through a payroll deduction.  We received 2 1099-DIV forms, each labeled "YEAR 2024 DIVIDENDS AND DISTRIBUTIONS"  One is sub-titled "2021 employee stock purchase plan and the other is sub-titled "2022 employee stock purchase plan."

 

Slightly different amounts in the ordinary and the qualified dividends boxes

 

question is how do I enter this on my tax return?  Surely it can't be so simple as to add the amounts and enter one number for boxes 1a and 1b.    

 

 

    1 reply

    February 27, 2025

    Actually, it can be as simple as adding the numbers for 1a and 1b together for the entry!  Most of the time, the company will only send one 1099-DIV with the totals.