While I use TurboTax, the app asks me to enter information for 1099-DIV and 1099-INT forms. However, when I review the forms before filling, there are the only forms I see:
When I checked with my investment bank, I was told 1099-DIV must be included in filling.
Do 1099 forms need to be included in the filling? If so, why doesn't TurboTax include them?
The income reported to you on 1099-INT and 1099-DIV must be included. If greater than $1500, Schedule B would be filed. Otherwise, total interest and dividend income is reported on form 1040.