Interestingly enough I have one client that takes draws (ie dividend payments) for each stockholder but Quickbooks itself doesn’t really have a way to print out 1099-DIV statements however you can fool the system. If the Dividend payments are ordinary dividends, use the RENT box under 1099 preferences, if the payments are qualified dividends, use the ROYALITIES box under 1099 preferences since both of these boxes line up on a regular 1099-MISC statement form with the correct boxes on a 1099-DIV form.
Then run your 1099 wizard/report and print the 1099-DIV just like you would your 1099-MISC forms.
March 17, 2009 at 11:28 pm |
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March 17, 2009 at 11:29 pm |
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May 20, 2009 at 6:41 pm |
Nice information=) i will come back soon.