Solved

My husband received U.K. Interest of $0.38 and U.K. Dividends of $275.82. Does this have to be reported and if so where

Forum|Forum|7 years ago
June 4, 2019
1 reply
0 views

Last year put on Schedule B, because moved and more interest incurred. This year the amounts in total are very low as well as being foreign, which is the reason for my question

TurboTax Premier Online

Best answer by Anita01

If amounts are below $0.50 US, you don't have to enter them because they would round to less than $1.00. Over that, you do enter them, so Divs of $276 would be entered in US dollars. Just enter under Dividend income as though you had a 1099b. Just type Dividend income in Find Me on the upper right , hit enter and select the Jump To

A

Anita01Answer

Employee

If amounts are below $0.50 US, you don't have to enter them because they would round to less than $1.00. Over that, you do enter them, so Divs of $276 would be entered in US dollars. Just enter under Dividend income as though you had a 1099b. Just type Dividend income in Find Me on the upper right , hit enter and select the Jump To