TAX HELP NEEDED ~~ 1099A form (fund, dividend, income, interest)

[nan5623]

I'm not sure if this is the correct forum to ask this question. Mods, feel free to move if it isn't.

I just got my 1099 from my American Funds account and my bank accounts also. I've always filed the 1040EZ online for free before this year.

I assume that I need to add the dividend amounts to my tax form as added income. SO can I still use the 1040 form and still do it online, OR, do I need to go to H&R or Hewitt, some place like that to get them done?

I'm very confused. thanks for any advice y'all can give.

[flyonpa]

Look like you will need to file a 1040A. Check:
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to see if qualifiy for a free return. Also check out AARP That have tax helpers that can help,, (Most do not have age requirements), Online Tax Assistance - Income Tax & Personal Tax Counseling - AARP

[Willy702]

You can do an EZ form if your income from 1099's is under a certain amount, I think its right on the form. If you received dividend income, not interest income, you might want to do the 1040A because you get taxed at a lower rate for dividends. Frankly though if the dividends aren't all that much and you are in a fairly low tax bracket anyways as demonstrated by your eligibility for an EZ filing, you probably should just do the EZ form and save yourself the extra work. Put the total of the 1099s into the taxable interest line.

I miss the days of using the EZ form. Now I have to fork out the money for tax software because even I can't quite figure out how to handle all the intricacies of handling rental properties.

[Oildog]

I use TurboTax

[nan5623]

Thanks for all the help. I usually do the 1040EZ online, this is the first year I have had dividends to claim, and it's under $400.