Yes, don't report your dividends and interest on your return.I'm totally with you on this one. Why is there a field on the 1099, bolded no less, if no financial institution will ever populate it via withholding? Is there anyone anywhere that somehow can get taxes withheld from interest/dividend distributions?...but they have "Federal Income Tax Withheld" in bold on their 1099-INT and Vanguard also has this on their 1099-DIV. I'd prefer to have Vanguard and AMEX withhold for their own interest and dividends.
https://www.irs.gov/businesses/small-bu ... -c-program
Statistics: Posted by toddthebod — Sat Feb 24, 2024 2:05 pm — Replies 31 — Views 3591