1099-div has a reinvest amount 1029.06$ should that be taxed ?

[jonbojouner]

1099-div has a reinvest amount 1029.06$ should that be taxed ?

[charlesprep]

Yes you earned the dividend. It would not be taxed if it was in an IRA account

[PattiF]

Investors ​​​​​​​do have to report dividends as taxable income even if they reinvest them to buy more shares. Companies and brokerage companies will report such dividends on 1099-DIV forms the same way regardless of whether you reinvest in new shares, and the IRS will expect you to include them on your annual tax return. You should receive a 1099-DIV for the stocks that are in the dividend reinvestment program.

Stocks (Options, Splits, Traders) 2 | Internal Revenue Service (irs.gov)

@jonbojouner