Instructions For Form 1099-Div - 2015 (Page 3 of 4) in pdf

Recipient's part of the sales price,

form. See part J in the 2015 General Instructions for

Information Returns.

Recipient's part of the RIC's basis in the stock, and

Amount of the recipient's section 1202 gain and the

FATCA Filing Requirement Check Box

exclusion percentage.

Check the box if you are a U.S. payor that is reporting on

Qualified tax credit bonds. If a RIC or REIT holds any

Form(s) 1099 (including reporting distributions in boxes 1

qualified tax credit bonds, any interest that the RIC or REIT

through 3 and 8 through 11 on this Form 1099-DIV) as part of

recognizes on the bonds is included in the RIC's or REIT's

satisfying your requirement to report with respect to a U.S.

gross income. See section 54A and Notice 2009-15, 2009-6

account for chapter 4 purposes as described in Regulations

I.R.B. 449, available at

section 1.1471-4(d)(2)(iii)(A). In addition, check the box if you

ar09.html. RICs can make an election to distribute any

are an FFI reporting payments to a U.S. account pursuant to

credits allowed to shareholders or beneficiaries. Report tax

an election described in Regulations section 1.1471-4(d)(5)

credit bond credits distributed by a RIC or REIT on Form

(i)(A).

1097-BTC. See section 853A.

2nd TIN Not.

If a RIC or REIT distributes any credits with respect to its

stock, the RIC or REIT must report the distributed credits that

You may enter an “X” in this box if you were notified by the

are treated as dividends on Form 1099-DIV. See Notice

IRS twice within 3 calendar years that the payee provided an

2010-28 available at

incorrect taxpayer identification number (TIN). If you mark

this box, the IRS will not send you any further notices about

Restricted Stock

this account.

For information about reporting dividends on restricted stock,

However, if you received both IRS notices in the same

see Rev. Proc. 80-11, 1980-1 C.B. 616, distinguished by

year, or if you received them in different years but they both

Rev. Proc. 83-38, 1983-1 C.B. 773, and Rev. Rul. 83-22,

related to information returns filed for the same year, do not

1983-1 C.B. 17.

check the box at this time. For purposes of the

Widely Held Fixed Investment Trusts (WHFITs)

two-notices-in-3-years rule, you are considered to have

received one notice and you are not required to send a

Trustees and middlemen must report the gross amount of

second “B”notice to the taxpayer on receipt of the second

dividend income attributable to a trust income holder (TIH) in

notice. See part N in the 2015 General Instructions for

the appropriate box on Form 1099-DIV, if that amount

Certain Information Returns for more information.

exceeds $10. If the trustee or middleman provides WHFIT

information using the safe harbor rules in Regulations section

For information on the TIN Matching System offered

1.671-5(f)(1) or (g)(1), the trustee or middleman must

by the IRS, see Items You Should Note in the 2015

TIP

determine the amounts reported on all Forms 1099 under

General Instructions for Certain Information Returns.

section 1.671-5(f)(2) or (g)(2), as appropriate.

Account Number

Due date exception and other requirements for furnish-

ing the tax information statement to TIHs. A tax

The account number is required if you have multiple

information statement that includes the information provided

accounts for a recipient for whom you are filing more than

to the IRS on all Forms 1099 filed for the calendar year with

one Form 1099-DIV. The account number is also required if

respect to the TIH's interest in the WHFIT, as well as

you check the “FATCA filing requirement” box. See FATCA

additional information identified in Regulations section

Filing Requirement Check Box, earlier. Additionally, the IRS

1.671-5(e), must be provided to the TIHs. The written tax

encourages you to designate an account number for all

information statement furnished to the TIH for 2015 is due on

Forms 1099-DIV that you file. See part L in the 2015 General

or before March 15, 2016. The amount of an item of trust

Instructions for Certain Information Returns.

expense that is attributable to a TIH must be included on the

tax information statement provided to the TIH and is not

Box 1a. Total Ordinary Dividends

required to be included in box 5 on the Form 1099-DIV.

Enter dividends, including dividends from money market

For more filing requirements, see the 2015 General

funds, net short-term capital gains from mutual funds, and

Instructions for Certain Information Returns.

other distributions on stock. Include reinvested dividends and

section 404(k) dividends paid directly from the corporation.

Statements to Recipients

Include as a dividend the amount of the recipient's share of

If you are required to file Form 1099-DIV, you must provide a

investment expenses that you report in box 5.

statement to the recipient. For information about the

An S corporation reports as dividends on Form

requirement to furnish statements to recipients, see part M in

1099-DIV only distributions made during 2015 out of

the 2015 General Instructions for Certain Information

accumulated earnings and profits. See section 1368

Returns.

CAUTION

for more information.

Truncating recipient’s identification number on payee

statements. Pursuant to Treasury Regulations section

Box 1b. Qualified Dividends

301.6109-4, all filers of this form may truncate a recipient’s

Enter the portion of the dividends in box 1a that qualify for the

identification number (social security number (SSN),

reduced capital gains rates. Include dividends for which it is

individual taxpayer identification number (ITIN), adoption

impractical to determine if the section 1(h)(11)(B)(iii) holding

taxpayer identification number (ATIN), or employer

period requirement has been met. See Qualified Dividends

identification number (EIN)) on payee statements. Truncation

and the Caution, earlier.

is not allowed on any documents the filer files with the IRS. A

payer's identification number may not be truncated on any

You must report a dividend paid by a foreign corporation

according to the guidance provided in Notice 2003-79,

-3-

Instructions for Form 1099-DIV (2015)

Instructions For Form 1099-Div - 2015 Page 3

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