1040-US: Form 1099-DIV data entry

Show expandable text

You can enter this form information using the UltraTax CS Source Data Entry utility. Otherwise, use the table below to enter form information on the appropriate input screens.

Form field Folder > Screen Field Statement column
Payer's name Income > B&D Dividend Income statement dialog Description
Recipient's TIN Income > B&D Dividend Income statement dialog T S J
Box 1a - Total ordinary dividends Income > B&D Dividend Income statement dialog Ord Div
Box 1b - Qualified dividends Income > B&D Dividend Income statement dialog Qual Div
Box 2a - Total capital gain distr Income > B&D Dividend Income statement dialog Total CG
Box 2b - Unrecap Sec. 1250 gain Income > B&D Dividend Income statement dialog Sec 1250
Box 2c - Section 1202 gain Income > B&D Dividend Income statement dialog Sec 1202
Box 2d - Collectibles (28%) gain Income > B&D Dividend Income statement dialog  28% CG
Box 3 - Nondividend distributions General > Info Record of nondividend and liquidating distributions statement dialog  Nondividend distribution
Box 4 - Federal income tax withheld Income > B&D Dividend Income statement dialog Fed W/H
Box 5 - Section 199A dividends Income > B&D Dividend Income statement dialog Sec. 199A Div
Box 6 - Investment expenses Income > B&D Dividend Income statement dialog Inv Exp
Box 7- Foreign tax paid Income > B&D Dividend Income statement dialog Frgn Tx Pd
Box 8 - Foreign country or US possession Income > B&D Foreign country or possession code/name N/A
Box 9 - Cash liquidation distributions General > Info Record of nondividend and liquidating distributions statement dialog Cash liquidation distribution
Box 10 - Noncash liquidation distributions General > Info Record of nondividend and liquidating distributions statement dialog  Noncash liquidation distribution
Box 11 - Exempt-interest dividends Income > B&D Dividend Income statement dialog  Tax Exempt Amount
Box 12 - Specified private activity bond interest dividends Income > B&D Dividend Income statement dialog AMT Exempt Div (PAB)
Box 13 - State Income > B&D Dividend Income statement dialog State
Box 14 - State identification no. Income > B&D Dividend Income statement dialog State ID No.
Box 15 - State tax withheld Income > B&D Dividend Income statement dialog State W/H

Notes

  • To access the columns for foreign amounts, click the Show foreign columns Show foreign columns button.
  • Liquidating distributions (cash or noncash) are a form of a return of capital. Any liquidating distribution you receive is not taxable to you until you have recovered the basis of your stock. After the basis of your stock has been reduced to zero, you must report the liquidating distribution as capital gain. If the total liquidating distributions received are less than the basis of the stock, a capital loss is generated. To maintain a record of the liquidating distributions received for the tax year, use the Record of nondividend and liquidating distributions field on Screen Info in the General folder. For more information about the treatment of liquidating distributions, see Chapter 1 in IRS Publication 550.

Was this article helpful?

Thank you for the feedback!