Your dividends are "grossed up" by 1.38. So when you report the "Actual Amount of Dividends", they are multiplied by 1.38 and the "Taxable Amount of Dividends" show up on Line 120 of your tax return.
Your dividends are "grossed up" by 1.38. So when you report the "Actual Amount of Dividends", they are multiplied by 1.38 and the "Taxable Amount of Dividends" show up on Line 120 of your tax return.
VanMatt2010
New Member
Al15
Returning Member
na021
New Member
vane724871
New Member
neha_mehra
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.