Why Did I Receive Form 1099 Div Instead Of Form 1099 Int This Year?
If you are planning to sell your stocks and bonds for a capital gain this year, you might be wondering why you received a Form 1099-DIV instead of the Form 1099-INT form you received the previous year. Form 1099-DIV is the form you receive if you received dividends in your bank account and not interest income. You should receive Form 1099-DIV if you had $10 or more of taxable dividends in your account at any point during the year. While most taxpayers will be receiving a Form 1099-INT this tax season, some taxpayers may receive a Form 1099-DIV instead. Here …
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