follow up question re "How do I report an Ivy Funds Remediation Payment that is not part of an IRA?"

Ivy Funds web site advises that Ivy will provide a 1099 for payments above $600. I received a $535 payment!! Ivy site no longer active. Does this mean I need not report???

posted

All income is reportable. You should still report the $535.00 as if you received the form 1099. Follow these steps to enter your income. We’ll ask you some questions to determine if your income is from self-employment or is ordinary income.

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