During 2007, my insurance company (State Farm) sent me a check for what they call a "dividend". They explain that financial results were better than expected and so the Board of Directors authorized a dividend check representing a return of part of the premiums paid. No 1099-DIV was ever sent to me and the check was for less than $25.00.
For my 2007 income tax return, should I list it under Part II, line 5, of Schedule B, or should I list it on line 21 of my 1040? Or maybe I should not list it at all?
Which one is more correct?
Thanks.