Hi! Wondering if someone can help me interpret the 1099-DIV form for the sake of reporting “other taxable income” on the CSS Profile. The CSS question is: “Enter the total amount of other taxable income, including interest and dividend income the student’s parents expect to report on their 2023 income tax return.”
Looking at one of our 1099-DIV forms, for example, it shows amounts for:
- Total Ordinary Dividends
- Qualified Dividends (I gather that this is a subset of Total Ordinary Dividends)
- Total Capital Gain Distributions
- Nondividend Distributions
Can you tell me which of those amounts are “taxable income” for this purpose?