Form 1099-DIV - Entering Dividends in Program

Qualified dividends are entered in the supporting documents to transfer to the individual tax return. On Form 1099-DIV Dividends and Distributions, the Qualified dividends are entered in Box 1b and included in Box 1a. Therefore, the amount in Box 1a for Total ordinary dividends will be the same or larger than the amount in Box 1b for Qualified dividends.

You need to enter the Total ordinary dividends in Box 1a and the Qualified dividends in Box 1b for the amounts to transfer to Form 1040 U.S. Individual Income Tax Return.

To enter this information in the TaxAct® program:

  1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
  2. Click Investment Income to expand, then click Dividend income (Form 1099-DIV).
  3. Click + Add Form 1099-DIV to create a new copy of the form or click Edit to review a form already created.
  4. Click Quick Entry to scroll down to answer or review all applicable questions or click Step-by-Step Guidance to proceed with the interview questions.

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.