Solved: 1099-div minimum reporting amount. I rcvd a 1099-DIV for .24cents is this reportable or can I skip it?

1099-div minimum reporting amount. I rcvd a 1099-DIV for .24cents is this reportable or can I skip it?

This is my only 1099-DIV so if I can skip it I avoid being forced to TurboTAX premium $59 just to report .24cent div.

posted

If you've only received one 1099-DIV for .24, you do not have to enter it. The IRS allows for rounding, and in your case .24 rounds down to 0.

If you've only received one 1099-DIV for .24, you do not have to enter it. The IRS allows for rounding, and in your case .24 rounds down to 0.

Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.

1099-div minimum reporting amount. I rcvd a 1099-DIV for .24cents is this reportable or can I skip it?