pk
Level 15
Level 15

Deductions & credits

@Joanne1953 , all you have to do is recognize the dividend income  and pay US taxes on this income stream.

If UK taxes you on this , then that  ( doubly taxed  foreign income ) may be eligible  for Foreign Tax Credit or deduction ( if you itemize ).

I am assuming here that you are a UXS person ( citizen/GreenCard/ Resident for Tax purposes ).

Noting that you have at least one foreign bank account , you are subject to FBAR and FATCA regulations.

 

Is there more one can do for you ?