Where are dividend equilivants entered Box 6c

Forum|Forum|6 years ago
January 31, 2020
3 replies
27 views

No line for 6c where are they entered. ?

Lacerte Tax

This topic has been closed for replies.

PhoebeRoberts

Intuit Community Champion

Form 1099-DIV contains no Box 6c.

Assuming what you're asking about is payments in lieu of dividends, I believe the appropriate presentation is Schedule 1 Line 8 (Other income, what used to be Line 21), not subject to SE tax, subject to NIIT. You get the same tax answer with fewer Lacerte entries by calling it non-qualified dividends.

itonewbie

Level 15

Reading the instructions for 1065 K-1 will help answer your question. Unless your client is a foreign partner and is subject to §871(m), which deals with derivatives that help avoid the higher 30% withholding for residents of non-treaty countries, this is not relevant and not entered anywhere.

---------------------------------------------------------------------------------Still an AllStar

George4Tacks

Level 15

@mike188 Which form are you looking at with this line 6c?

Answers are easy. Questions are hard!

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