The information from Form 1099-DIV Dividends and Distributions and Form 1099-B Proceeds From Broker and Barter Exchange Transactions can easily be entered into the TaxAct® program in the Investment Income section of the Federal Q&A, or directly on the forms where applicable.
The Tax Summary screen will then indicate if the tax has been computed on the Schedule D Worksheet or the Qualified Dividends and Capital Gain Tax Worksheet.
To review the Tax Summary in the TaxAct program:
See Topic No. 409 Capital Gains and Losses for additional information.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.