Instructions For Form 1099-Div - 2017
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42017
Department of the Treasury
Internal Revenue Service
Instructions for Form
1099-DIV
Dividends and Distributions
Section references are to the Internal Revenue Code unless
1. Taxable dividend distributions from life insurance
otherwise noted.
contracts and employee stock ownership plans. These are
reported on Form 1099-R, Distributions From Pensions,
Future Developments
Annuities, Retirement or Profit-Sharing Plans, IRAs,
Insurance Contracts, etc.
For the latest information about developments related to
Form 1099-DIV and its instructions, such as legislation
2. Substitute payments in lieu of dividends. For payments
enacted after they were published, go to
received by a broker on behalf of a customer in lieu of
form1099div.
dividends as a result of a loan of a customer's securities, see
the instructions for box 8 in the 2017 Instructions for Form
Reminder
1099-MISC.
In addition to these specific instructions, you should also use
Substitute payments in lieu of dividends may be
the 2017 General Instructions for Certain Information
reported on a composite statement to the recipient
TIP
Returns. Those general instructions include information
with Form 1099-DIV. See Pub. 1179.
about the following topics.
Who must file (nominee/middleman; certain FFIs and U.S.
3. Payments made to certain payees. These include a
payers that report on Form(s) 1099 to satisfy their chapter 4
corporation, tax-exempt organization, any IRA, Archer MSA,
reporting requirements).
health savings account (HSA), U.S. agency, state, the
When and where to file.
District of Columbia, U.S. possession, or registered
Electronic reporting requirements.
securities or commodities dealer.
Corrected and void returns.
Certain distributions commonly referred to as
Statements to recipients.
“dividends” are actually interest and are to be
Taxpayer identification numbers.
!
reported on Form 1099-INT. These include so-called
Backup withholding.
CAUTION
“dividends” on deposit or on share accounts in cooperative
Penalties.
banks, credit unions, domestic building and loan
The definitions of terms applicable for chapter 4 purposes
associations, domestic and federal savings and loan
that are referenced in these instructions.
associations, and mutual savings banks.
Other general topics.
You can get the general instructions from
General
Qualified Dividends
instructions for Certain Information Returns
or
Except as provided below, qualified dividends are dividends
form1099div.
paid during the tax year from domestic corporations and
qualified foreign corporations.
Specific Instructions
Exceptions. The following dividends are not qualified
File Form 1099-DIV, Dividends and Distributions, for each
dividends.
person:
Dividends the recipient received on any share of stock
To whom you have paid dividends (including capital gain
held for less than 61 days during the 121-day period that
dividends and exempt-interest dividends) and other
began 60 days before the ex-dividend date. See the
distributions on stock of $10 or more,
instructions for box 1b, later. When determining the number
For whom you have withheld and paid any foreign tax on
of days the recipient held the stock, you cannot count certain
dividends and other distributions on stock,
days during which the recipient's risk of loss was diminished.
For whom you have withheld any federal income tax on
The ex-dividend date is the first date following the declaration
dividends under the backup withholding rules, or
of a dividend on which the purchaser of a stock is not entitled
To whom you have paid $600 or more as part of a
to receive the next dividend payment. When counting the
liquidation.
number of days the recipient held the stock, include the day
the recipient disposed of the stock but not the day the
Dividends
recipient acquired it.
If you make a payment that may be a dividend but you are
Dividends attributable to periods totaling more than 366
unable to determine whether any part of the payment is a
days that the recipient received on any share of preferred
dividend by the time you must file Form 1099-DIV, the entire
stock held for less than 91 days during the 181-day period
payment must be reported as a dividend. See the regulations
that began 90 days before the ex-dividend date. See the
under section 6042 for a definition of dividends.
instructions for box 1b, later. When determining the number
of days the recipient held the stock, you cannot count certain
Exceptions
days during which the recipient's risk of loss was diminished.
You are not required to report on Form 1099-DIV the
Preferred dividends attributable to periods totaling less than
following.
367 days are subject to the 61-day holding period rule above.
Sep 16, 2016
Cat. No. 27978B
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