This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 1099-DIV for the current year.
This document contains official instructions for IRS Form 1099-DIV , Dividends and Distributions - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 1099-DIV is available for download through this link.
Q: What is IRS Form 1099-DIV?
A: IRS Form 1099-DIV is a tax form used to report dividends and distributions received from investments.
Q: What kind of income should be reported on Form 1099-DIV?
A: Form 1099-DIV should be used to report dividends, capital gains distributions, and nondividend distributions received from investments.
Q: Do I need to file Form 1099-DIV if I don't have any dividend income?
A: If you don't have any dividend income to report, you generally don't need to file Form 1099-DIV.
Q: How do I obtain a copy of Form 1099-DIV?
A: Generally, you will receive Form 1099-DIV from the financial institution or investment company that paid you dividends or distributions.
Q: When is the deadline for filing Form 1099-DIV?
A: The deadline for filing Form 1099-DIV with the IRS is typically January 31st of the following year.
Q: Do I need to send a copy of Form 1099-DIV to the recipient?
A: Yes, you are generally required to send a copy of Form 1099-DIV to the recipient by January 31st.
Q: What should I do if I receive a corrected Form 1099-DIV?
A: If you receive a corrected Form 1099-DIV after you have already filed your taxes, you should amend your tax return to reflect the correct information.
Q: Can I e-file Form 1099-DIV?
A: Yes, you can e-file Form 1099-DIV using the IRS's Filing Information returns Electronically (FIRE) system or through an approved third-party vendor.
Q: Are there any penalties for not filing Form 1099-DIV?
A: Yes, there can be penalties for not filing Form 1099-DIV or for filing incorrect information. It's important to timely and accurately file this form.
Instruction Details:
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