Form 1099-DIV Instructions & Tax Reporting Pointers

What You Need to Know About Form 1099-DIV

The 1099-DIV is used to report dividends (including capital gain dividends and exempt-interest dividends) and other distributions on stock of $10 or more.

Applicable businesses: Banks, investment companies, mutual fund companies and other financial institutions.

When to file: 1099-DIV forms must be mailed to recipients by January 31, and e-filed with the IRS by March 31 each year.

The 1099-DIV should also be filed for each person for whom:

  • Paid more than $10 in dividends (including capital gains dividends and exempt interest dividends)
  • Any foreign tax on dividends and other distributions on stock have been withheld and paid
  • Any federal income tax on dividends under the backup withholding rules have been withheld
  • $600 or more has been paid as part of a liquidation

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