Publication 564 - Mutual Fund Distributions Instructions

Table 1A. Reporting Mutual Fund Distributions on Form 1040

IF you receive...

AND...

THEN report the distribution on...

your total ordinary dividends received are

Form 1040, line 9

$1,500 or less

ordinary dividends

● your total ordinary dividends received are

Schedule B, line 5

(Form 1099-DIV, box 1)

more than $1,500, or

● you received ordinary dividends as a

nominee

you have to file Schedule D

Schedule D, line 13, column (f)

you do not have to file Schedule D

Form 1040, line 13, and Capital Gain Tax

Worksheet, line 2

capital gain distributions

you have qualified 5-year gain (box 2c)

Schedule D, line 29 (See Schedule D

(Form 1099-DIV, boxes 2a–2e)

instructions)

you have unrecaptured section 1250

Schedule D, line 19

gain (box 2d)

(See Schedule D instructions)

you have Section 1202 gain (box 2e)

see Schedule D instructions

return of capital (nontaxable) distributions

generally, not reported

(Form 1099-DIV, box 3)

exempt-interest dividends (Not shown on

Form 1040, line 8b

Form 1099-DIV)

you have total undistributed capital

Schedule D, line 11, column (f)

gains (box 1a)

you have qualified 5-year gain (box 1c)

Schedule D, line 29 (See Schedule D

undistributed capital gains (Form

instructions)

2439, boxes 1a–1e)

you have unrecaptured section 1250

Schedule D, line 19

gain (box 1d)

(See Schedule D instructions)

you have Section 1202 gain (box 1e)

see Schedule D instructions

Report any amount in excess of your basis in your mutual fund shares on Schedule D, line 8, column (f) (or on Schedule D, line 1, if you held your mutual fund shares

one year or less).

Table 1B. Reporting Mutual Fund Distributions on Form 1040A

IF you receive...

AND...

THEN report the distribution on...

your total ordinary dividends received are

Form 1040A, line 9

$1,500 or less

ordinary dividends

● your total ordinary dividends received are

Schedule 1, line 5

(Form 1099-DIV, box 1)

more than $1,500, or

● you received ordinary dividends as a

nominee

you have to file Form 1040

Form 1040; see Table 1A

you do not have to file Form 1040

Form 1040A, line 10, and Capital Gain Tax

Worksheet, line 2

capital gain distributions

(Form 1099-DIV, boxes 2a–2e)

any Form 1099-DIV has an amount in

Form 1040; see Table 1A

box 2b, 2c, 2d, or 2e

return of capital (nontaxable) distributions

generally, not reported; see Table 1A

(Form 1099-DIV, box 3)

exempt-interest dividends (Not shown on

Form 1040A, line 8b

Form 1099-DIV)

undistributed capital gains

Form 1040; see Table 1A

(Form 2439, boxes 1a–1e)

Page 4

Publication 564 - Mutual Fund Distributions Instructions - 2002 Page 4

Related Articles

Related forms

Related Categories