Skip to main content
BobKamman
Level 15
March 31, 2024

Section 897 Dividends

  • March 31, 2024
  • 1 reply
  • 4 views

Has anyone found a return where entering these amounts makes a difference?  Is anyone else hoping a client with them is audited, so the revenue agents will admit they have no idea either?  

1 reply

sjrcpa
Level 15
April 1, 2024

It's only going to matter for a nonresident alien or foreign corporation.

I don't bother entering it otherwise.

The more I know the more I don’t know.
BobKamman
BobKammanAuthor
Level 15
April 1, 2024

Really?  I hope that's correct.  We can usually trust you.  Did you happen to find that while looking for something else?  Or do you go to seminars?  

abctax55
Level 15
April 1, 2024

I'm with Susan on this... I remember researching it a while ago and determined it was N/A for my clients.

HumanKind... Be Both