I have a $0.03 exempt-interest dividend from an EFT on my 1099-DIV. The EFT has muni bonds across all US states--do I have to calculate distribution for each state?
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I have a $0.03 exempt-interest dividend from an EFT on my 1099-DIV. The EFT has muni bonds across all US states--do I have to calculate distribution for each state?
I have a $0.03 exempt-interest dividend from an EFT on my 1099-DIV. The EFT has muni bonds across all US states--do I have to calculate distribution for each state?
It's complicated. 3 cents will round to 0. Leave that box blank when you enter the 1099-Div and don't bother with it.
For others with this issue, here are a couple of posts with details.
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