fat-guy
Returning Member

Business & farm

Thanks. Finally found out I do have $15 section 199a dividend in fidelity 1099-div, which generates $3 deduction in Form 8995. I know this is favorable to me, but is it ok to delete this $15 dividend and not take the deduction? I just do not think $3 is worth for extra forms and involvement in sth related to "business". Will IRS care about this "mistake" even if I opt to take less deduction?