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raut06
New Member

$40 dividend needs to be reported ?

at which amount the dividend info requires to be reported to IRS
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2 Replies

$40 dividend needs to be reported ?

Anything 50cents or higher is supposed to be reported. 

......49cents or less ends up being rounded to zero.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
PattiF
Expert Alumni

$40 dividend needs to be reported ?

The dividend needs to be reported if it is $1 or more.  All of your income is added together to determine the taxable amount. 

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