Section 897 Dividends

[BobKamman]

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?  

[sjrcpa]

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

I don't bother entering it otherwise.

[BobKamman]

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]

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

[sjrcpa]

I looked at IRC Section 897.