@LewMichael wrote:
No, I transfered $$$ from a checking account and after my first dividend payout I signed up for some kind of auto dividend thing that bought more of the stock. I checked my last December statement from TD and it shows I was paid a total of $2.42 even though all dividends were spent right away buying more of that stock. Thx for your time.
If you received $2.42 of dividends, that is taxable income to you now even though it was reinvested. Since it is less than $10, the broker is not required to report it. You probably won't be challenged by the IRS if you leave it off your return, but you are technically required to report all your income even if you don't get tax forms from the payer.
