How do I report under $10 in dividends on TurboTax without having a 1099-DIV form?

Even small dividend amounts need to be reported, so you're doing the right thing! When you don't have a 1099-DIV because the amount is under $10, you can still report it correctly in TurboTax. In TurboTax, go to the Income section and select "Interest and Dividends." Choose to enter your information manually rather than import. You'll need to enter the payer's name (the company that paid the dividend) and the total amount received ($8.73). For dividends under $10, you only need to complete Box 1a (Total Ordinary Dividends). Leave the other boxes blank if you don't have that information. TurboTax will guide you through this with their interview format. The key is just having the company name and the dividend amount. The IRS doesn't require you to have the actual 1099-DIV form for amounts under $10, but you still need to report the income.

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I was skeptical about using taxr.ai for my small dividend issue, but I finally tried it after struggling with several other small investment questions. The website actually was super helpful! I uploaded my statement and got step-by-step instructions specific to TurboTax. It pointed me to exactly where to go in TurboTax to report dividends manually without a 1099-DIV and explained that for amounts under $10, I just needed to enter the company name and amount in Box 1a. No need for all the other fields! Saved me from overthinking a simple task.

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Just to add something that nobody mentioned - these tiny dividends don't change your tax situation at all really. For $8.73, even at the highest tax bracket, you're talking about like $3 in taxes. But you still legally need to report it. I've been doing my own taxes for years and for small dividends without a 1099-DIV, I just enter the company name and amount in the dividends section. TurboTax might give you warnings about missing information, but you can ignore those and continue. As long as you have the dividend amount and payer name, you're covered.

Does anyone know if TurboTax eventually asks for the EIN? I'm in the same boat with a $5.12 dividend and no 1099-DIV, but I'm still early in my return and worried I'll get stuck later when it asks for info I don't have.

I had this exact situation a couple years ago with a tiny dividend from some old stock I'd forgotten about. The whole process was way simpler than I expected once I figured it out. In TurboTax, when you get to the dividends section, just select "I'll enter my dividend information myself" instead of importing a 1099. You'll see fields for the company name and dividend amount - that's literally all you need for small amounts like yours. Put in the company name and your $8.73 in the ordinary dividends box. TurboTax will probably throw up some yellow warning messages about missing EIN or other details, but you can just ignore those and continue. The IRS doesn't expect you to have information that wasn't provided to you. As long as you report the income amount and identify who paid it, you're doing exactly what you're supposed to do. Don't overthink it - you're being more careful than most people would be over $8.73, which shows you're handling your taxes responsibly!