Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

I received a 1099-DIV form for 2016 tax year last month. Can…

Customer Question
I received a 1099-DIV...

I received a 1099-DIV form for 2016 tax year last month. Can I file it in my 2017 return or should I amend my 2016 return?

Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

What else you need to know?

Accountant's Assistant: Is there anything else important you think the Accountant should know?

Are you a real person or just a bot?

Submitted: 3 months ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Customer reply replied 3 months ago
Actually I need to give a more detailed explanation of the situation. This is not published, right? Can I give sensitive information here?
Answered in 3 minutes by:
4/1/2018
Tax Professional: Tax.appeal.168, Tax Accountant replied 3 months ago
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,760
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
Verified

Hello. Thank you for choosing this Q&A service for assistance. My name is***** will be assisting you. This is a public forum and the information typed herein will be accessible over the internet.

Still typing...

Ask Your Own Tax Question
Tax Professional: Tax.appeal.168, Tax Accountant replied 3 months ago

You cannot include any 2016 income or expense information on your 2017 tax return. You will need to amend your 2016 tax return to include the 1099-DIV.

------------------------------

In closing, my goal is to provide you with the best experience possible! Hopefully, the service that I have provided has earned a 5-star rating! Please remember to rate my service by selecting the 5 stars at the top of the screen before you leave today. Thank you in advance. If you require further assistance, use the reply box and let me know.

Ask Your Own Tax Question
Tax Professional: Tax.appeal.168, Tax Accountant replied 3 months ago

It is not advisable to post any sensitive or personal information in these threads. Again, this is a very public forum.

Ask Your Own Tax Question
Customer reply replied 3 months ago
Hey, this was my initial question. Isn't it possible to ask follow up questions in a private setting?
Tax Professional: Tax.appeal.168, Tax Accountant replied 3 months ago

That would be considered a premium service, which will be an additional cost.

Ask Your Own Tax Question
Tax Professional: Tax.appeal.168, Tax Accountant replied 3 months ago

If you would like for me to send you an offer to do a situational analysis, I can do that. You are under no obligation to accept the offer. By the way, how many additional questions do you have and what are the questions relating to?

Ask Your Own Tax Question
Customer reply replied 3 months ago
Is it in addition to $41 I currently owe or in addition to $5 I just paid as the deposit?It is about why I received this form late which involves a bankrupt stock investment and filing of a liquidation trust tax forms? I guess I won't take the premium service.
Tax Professional: Tax.appeal.168, Tax Accountant replied 3 months ago

Yes, it would be in addition to the $41. Private interactions are considered a premium service.

Ask Your Own Tax Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tax professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Tax.appeal.168 Your Own Question
Tax.appeal.168
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,760
4,760 Satisfied Customers
Experience: 3+ decades of varied tax industry exp. Tax Biz owner

Tax.appeal.168 is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
Can i make a correction to my address on my 2016 1040 form?
can i make a correction to my address on my 2016 1040 form? … read more
Tax.appeal.168
Tax.appeal.168
Tax Accountant
4,760 satisfied customers
Since my wife's security income total on 2017 1099 was
Since my wife's security income total on 2017 1099 was listed as $5000. 00 and she was to receive $1000 a month was that including Dec -April or would that have been Jan -May?… read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
Thank you. I filed an amended form for Colorado tax in 2013,
Thank you. I filed an amended form for Colorado tax in 2013, 2014, 2015 because I had not taken my senior retired deduction of $24,000 in those years because I was unaware it existed. … read more
Dr. Arthur Rubin
Dr. Arthur Rubin
Doctoral Degree
173 satisfied customers
My ex-spouse passed in Nov. 2016. I am the Court appointed
My ex-spouse passed in Nov. 2016. I am the Court appointed rep. I filed my ex-spouse's last personal return in 2016, and an initial estate return for 2016. However, I forgot to transfer an account fro… read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
I need help for my deceased wife investment accounts and
I need help for my deceased wife investment accounts and mine tax returns I purchased both Premier and Business versions. But have some problems... … read more
Dr. Arthur Rubin
Dr. Arthur Rubin
Doctoral Degree
173 satisfied customers
I'm trying to find how to amend my 2016 tax return for
I'm trying to find how to amend my 2016 tax return for earnings from a distribution of an excess contribution. The corrective distribution was completed before 2016 due date. The 1099-R reporting the … read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
I attempted to start a business as an independent filmmaker
I attempted to start a business as an independent filmmaker in the City of Los Angeles in 2015 and 2016. For those two years, I took deductions on my federal taxes for my home office. I did not genera… read more
PhillipsEsq.
PhillipsEsq.
Attorney-at-Law
JD
59 satisfied customers
My father died in 2016. I did file a 2016 tax return for
My father died in 2016. I did file a 2016 tax return for him. He had a few ***** ***** accounts for his grandchildren. I received the 1099-DIV statements for these accounts. However, the 1099's are un… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
1,172 satisfied customers
My husband and I filed 2016 jointly and over contributed to
Hi, My husband and I filed 2016 jointly and over contributed to our Roth IRAs. We didn't realize this until after we filed our 2016 taxes and promptly withdrew the excess plus interest (in May 2017). … read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
New to IRA's 2016 was first year we converted IRA from
New to IRA's 2016 was first year we converted IRA from traditional to ROTH, missed my 1099R form last year just not knowing to look for it, HR Block person does not understand IRA conversions, so she … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
2,494 satisfied customers
This is an unusual tax question, and unfortunately for 2016
This is an unusual tax question, and unfortunately for 2016 taxes which have been extended. My mother had a living revocable trust, I am the successor trustee. She passed in 2014, and due to my extrem… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
1,172 satisfied customers
I am a personal injury attorney doing a schedule c as we
I am a personal injury attorney doing a schedule c as we speak. . … read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
I was a delegate at an international convention and received
I was a delegate at an international convention and received a 1099 form from the home office which is located in Maryland for expenses. According to turbo tax, I have to pay state taxes to Maryland, … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I made my businesss a c corp for 2016 but didnt run payroll-
i made my businesss a c corp for 2016 but didnt run payroll- how can i show income on my personal return? … read more
Charles Markham
Charles Markham
Principal
Masters Science Taxation
755 satisfied customers
I bought a single family rental property in 2015. I took
I bought a single family rental property in 2015. I took depreciation of the property for 2015 tax report. When I prepare tax report for 2016, I found the depreciation basis was too low. Is there a wa… read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
My name is ***** ***** and I have a tax question , last
last year, I (mistakenly?) included the 1099-div amounts in my tax return. EAch of my three kids had around $400 in 1099-div dividends … read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
Where do you put 1099-DIV from SIPC loss replacement covering
Where do you put 1099-DIV from SIPC loss replacement covering Bernard Medoff Investment Securities and offset and reflect the fact that you took the future payment against your theft loss on your 2008… read more
Lev
Lev
Retired
Bachelor\u0027s Degree Equivalent
27,134 satisfied customers
Instruction of Form 1040 Schedule B says If you received
Instruction of Form 1040 Schedule B says: If you received a Form 1099-INT that includes interest you received as a nominee (that is, in your name, but the interest actually belongs to someone else), r… read more
RD
RD
Self Employed
Master\u0027s Degree
1,164 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x