Form 1099-Div
Form 1099-Div, Dividends and Distributions. This form is used by banks and other financial institutions to report dividends and other distributions to taxpayers and to the IRS.
Who must file:
File Form 1099-DIV, Dividends and Distributions, for each person:
To whom you have paid dividends (including capital gain dividends and exempt-interest dividends) and other distributions on stock of $10 or more,
For whom you have withheld and paid any foreign tax on dividends and other distributions on stock,
For whom you have withheld any federal income tax on dividends under the backup withholding rules, or
To whom you have paid $600 or more as part of a liquidation.
Dividends:If you make a payment that may be a dividend but you are unable to determine whether any part of the payment is a dividend by the time you must file Form 1099-DIV, the entire payment must be reported as a dividend. See the regulations under section 6042 for a definition of dividends.
- Box 1a. Total Ordinary Dividends
- Box 1b. Qualified Dividends
- Box 2a. Total Capital Gain Distr.
- Box 2b. Unrecap. Sec. 1250 Gain
- Box 2c. Section 1202 Gain
- Box 2d. Collectibles (28%) Gain
- Box 3. Nondividend Distributions
- Box 4. Federal Income Tax Withheld
- Box 5. Investment Expenses
- Box 6. Foreign Tax Paid
- Box 7. Foreign Country or U.S. Possession
- Box 8. Cash Liquidation Distributions
- Box 9. Noncash Liquidation Distributions
- Box 10. Exempt-Interest Dividends
- Box 11. Specified Private Activity Bond Interest Dividends
- Boxes 12–14. State Information
How to E-FILE IRS Form 1099-DIV:
- Register or Sign in to your account
- Select a new Form 1099-DIV Form or Click on New filing
- Enter Payer, Recipient and Form 1099-DIV Information
- Enter state info as per the state requirement.
- Verify the info in the Cart or unsubmitted forms page
- Submit the Form 1099-DIV with the IRS and complete your requirement
