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    Section 897 Dividends

    BobKamman
    Level 15

    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?  

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    4 Comments 4
    sjrcpa
    Level 15

    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
    Level 15

    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?  

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    abctax55
    Level 15

    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
    sjrcpa
    Level 15

    I looked at IRC Section 897.


    The more I know the more I don’t know.