Instructions For Form 1099-Div - 2016 Page 3
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4Restricted Stock
this box, the IRS will not send you any further notices about
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 2016 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 2016
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 2016 is due on
Forms 1099-DIV that you file. See part L in the 2016 General
or before March 15, 2017. 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 2016 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 2016 out of
!
the 2016 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
form. See part J in the 2016 General Instructions for
according to the guidance provided in Notice 2003-79,
Information Returns.
2003-50 I.R.B. 1206, available at
2003-50_IRB/ar12.html, and Notice 2004-71, 2004-45 I.R.B.
FATCA Filing Requirement Check Box
793, available at 2004-45_IRB/ar09.html,
which contain the rules for reporting the dividend for tax
Check the box if you are a U.S. payor that is reporting on
years 2003 and 2004. These rules are extended for 2005 and
Form(s) 1099 (including reporting distributions in boxes 1
subsequent tax years by Notice 2006-3, 2006-3 I.R.B. 306,
through 3 and 8 through 11 on this Form 1099-DIV) as part of
available at 2006-03_IRB/ar11.html.
satisfying your requirement to report with respect to a U.S.
account for chapter 4 purposes as described in Regulations
Box 2a. Total Capital Gain Distr.
section 1.1471-4(d)(2)(iii)(A). In addition, check the box if you
are an FFI reporting payments to a U.S. account pursuant to
Enter total capital gain distributions (long-term). Include all
an election described in Regulations section 1.1471-4(d)(5)
amounts shown in boxes 2b, 2c, and 2d.
(i)(A).
For more information about reporting amounts in
boxes 2b through 2d, see section 1(h).
2nd TIN Not.
TIP
You may enter an “X” in this box if you were notified by the
IRS twice within 3 calendar years that the payee provided an
Box 2b. Unrecap. Sec. 1250 Gain
incorrect taxpayer identification number (TIN). If you mark
Enter any amount included in box 2a that is an unrecaptured
section 1250 gain from certain depreciable real property.
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Instructions for Form 1099-DIV (2016)
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