If is below a certain amount, they won't send you a 1099 nor report it in your name. Otherwise, I believe you get a 1099-div for dividends. I don't believe it is considered earned income so not subject to social security or medicare taxes.
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Thread: WOOHOOO REI dividend is here!
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02-28-2007, 08:20 AM #1
Queen of All I Survey
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02-28-2007, 08:55 AM #2
Life Is Good
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mine is a whole $9.20 ooooooohhhhh. i'm doing taxes this weekend. hopefully i do better too!
Originally Posted by MDHillSlug
I racked up a whole $3.51
Hopefully I'll do better on my tax returns.
so my good new friend. Originally Posted by PABadger
I now have almost $200 in REI dividend to spend
$175 of that is from the REI visa.
i'm eyeing a pair of sidi mtb shoes
i want to get them, but i can't put them on! stupid foot surgery. hopefully i can get them before that 20% is over and hopefully i can try them on."Forget past mistakes. Forget failures. Forget everything except what you're going to do now and do it." – William C. Durant
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