Estate account with Dividends

[nesutch]

I received a 1099-DIV for an estate account I am managing.   The amount is less than $200.  Is this reported on a 1041?  

[DaveF1006 · Accepted solution]

For a federal Form 1041 (U.S. Income Tax Return for Estates and Trusts), there is a specific filing threshold. You are only required to file if the estate meets any of the following criteria:

• The estate has gross income for the tax year of $600 or more.
• There is a beneficiary who is a non-resident alien.

If the 1099 DIV is the only source of income for the year, it doesn't need to be reported. if you have other income, combined with this income, of over $600, then it needs to be reported.