Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
New item on my Fidelity Brokerage 1099. $18.23 on line 5, Section 199A Dividends. In the breakdown showing Qualified Dividends and Non-Qualified Dividends it is listed as a separate category. The source is Fidelity Puritan Fund.

I file single and have taxable income only from social security, IRA distributions, mutual fund capital gain distributions, capital gains from stock sales, dividends from stocks, and interest on various bank accounts. I found a long article at IRS on Section 199A which at first reading left me feeling (1)it did not pertain to me and (2)I didn't understand it all.

Question is where do I report the $18.23 when filing my taxes. Also, is it a qualified dividend or a non-qualified dividend when calculating my tax.

Appreciate any help you can offer.
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.