Your receipt of dividends this year may also require you to prepare aSchedule Battachment to your tax return. Even if you don't received a Form 1099-DIV, you are required to still report all of your taxable dividend income. Schedule B is necessary when the total amount of div...
Even if you don't received a Form 1099-DIV, you are required to still report all of your taxable dividend income. Schedule B is necessary when the total amount of dividends and/or interest you receive exceeds $1,500. However, Schedule B doesn’t change the amount of tax you’ll pay;...
Filing form 1099 in and of itself isn’t hard. It’s when dividends get into the picture that things get muddled. Any competent tax preparer can perform the task. When I file my taxes I always pay professional to do it for me. Even when I was filing the EZ form, they were able to...