Are dividends earned from checking account the taxable?

[kerriP · Accepted solution]

Those dividends are usually really interest income. (Credit Union?) They are taxable, but as a practical matter amounts for bank account  interest or dividends less than $10.00 are not usually reported to the account holder by the bank. ( $10 of interest probably would not change a persons taxes very much.) 

However if more-better report them.  They go in other income.