Do I need to report my American Funds account if I didn't do anything with it this year? No sales occurred or funds added.

workingal90 · ‎June 6, 2019

Anita01 · ‎June 6, 2019

If you received dividends and/or capital gains that were automatically reinvested, you would need to claim those as dividend income even though you did not take them in the form of cash. The company should provide you with a 1099-DIV showing those transactions.

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Anita01 · ‎June 6, 2019

If you received dividends and/or capital gains that were automatically reinvested, you would need to claim those as dividend income even though you did not take them in the form of cash. The company should provide you with a 1099-DIV showing those transactions.

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Do I need to report my American Funds account if I didn't do anything with it this year? No sales occurred or funds added.