How to report specified private activity bond interest dividends?
Specified private activity bond interest is reported on IRS Form 1099-INT in your Tax Reporting Statement. The tax-exempt income reported by Fidelity includes amounts that are treated as specified private activity bond interest, if applicable.
Where do I report 1099-DIV line 12?
To enter exempt-interest dividends from Form 1099-DIV, box 12:
- Go to the Screen 12, Dividend Income (1099-DIV).
- Scroll down to the Tax-exempt Interest subsection.
- Enter the amount in the field Total municipal bonds.
- This amount will flow to Form 1040, line 2a per the IRS instructions for Form 1040.
Feb 9, 2022
Where do I enter specified private activity bond interest in Lacerte?
Common questions about entering interest income in the Fiduciary module of Lacerte
- Go to Screen 15, Interest Income (1099-INT, 1099-OID).
- Locate the Form 1099-INT section.
- Under the Tax-exempt Interest subsection, enter the Specified private activity bond interest included above (Schedule I).
How do I report 1099-DIV Box 9?
Follow these steps to enter 1099-DIV boxes 8 and 9:
- Go to the Input Return tab.
- Select Income > Dispositions (Sch D, etc.) > …
- Select the Details button to expand the input.
- Enter the amount shown in Box 8 or Box 9 as the Sales price.
- Enter the known basis amount as the Cost or basis.
Where do I enter my 1095 B Lacerte?
Follow these steps to enter Form 1095-B:
- Go to Screen 39, Affordable Care Act Subsidy/Penalty.
- Select Health Coverage (Form 1095-B) from the left navigation panel. …
- Locate the Covered Individuals (Part IV) section.
- Select the First Name (a) of the individual from the dropdown menu. …
- Complete the applicable information: