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 Ivy site no longer active.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???
01338
1 Replies
Cynthiad66
Expert Alumni
Feb 3, 2024 7:52:06 AM
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.