One of my accounts gave me interest of 29 cents last year. The bank still sent me a 1099-DIV with 29 cents, with the notice that it was also reported to the IRS. Do I still put this in my tax statement, even though it rounds down to $0.00? The tax software is a little confused that I'm reporting a 1099-DIV even though it's a $0.00 amount.
With all due respect, this is a de minimis question. Please take your best shot, and let the group know if you get audited in the next three years or not.
BTW, I got a 1099-INT from a major bank for $0.01 in box 1.
-Mark Bole
Since they sent the document, I'd report $0.
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