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Employee
March 28, 2020
Question

On 1099-r form I have an amount in box 1a and same amount in box 2a. My code is letter U for dividend distribution. Are these dividends taxable or not?

  • March 28, 2020
  • 1 reply
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1 reply

Employee
March 28, 2020

Yes, they are taxable. 

texas6023Author
Employee
March 29, 2020

Ok thanks.   Turbo tax is entering as taxable but didn’t know if dividends are given to me if they should be taxed.