Note on IRS reporting of investment income on tax forms: Most tax forms are required to be provided only for amounts of $10 or more, or if taxes have been previously withheld. However, you must report any investment income or distributions you receive to the IRS. All investment income or distributions during the year are reported on your year-end mutual fund or brokerage account statement.
Random Poster wrote:Just report the $7.50 and forget about the AMT form (assuming I don't need to fill it out for any other reason)? Just to "back in" to the private activity bond interest number and report that on the AMT form? Something else altogether?
Random Poster wrote:Hope this thread isn't too old to be brought back to life...
I earned around $7.50 this year in a Vanguard Tax Exempt Money Market Fund. Vanguard has not issued a 1099-DIV for this account, given the low (sub-$10) "dividend" payments made in 2010.
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