Form 1099 DIV

[JanetRose]

Do you have to claim if under $10?

 

[swea_pea1]

Nope. Most firms don't even send them if less than $10.

 

[JanetRose]

thank you!

 

[Dan Murphy]

The mere fact that you received a 1099 DIV indicates that it was sent, to you, to the IRS. I would suggest reporting it.

(Not to be considered tax advice)

 

[Just2554]

I recorded mine...it was 1.62 haha.

 

[JessetheCowgirl]

In trying to find an answer to my question about the same form, I came across two different sites (one was Motley Fool) that said you SHOULD report the dividend no matter how small.

(Disclaimer----I am NOT an accountant!)