Instructions For Form 1099-Div - 2017 (Page 3 of 4) in pdf

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

ar08.html.

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

this account.

Restricted Stock

However, if you received both IRS notices in the same

For information about reporting dividends on restricted stock,

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

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

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

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

check the box at this time. For purposes of the

1983-1 C.B. 17.

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

Widely Held Fixed Investment Trusts (WHFITs)

received one notice and you are not required to send a

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

Trustees and middlemen must report the gross amount of

notice. See part N in the 2017 General Instructions for

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

Certain Information Returns for more information.

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

exceeds $10. If the trustee or middleman provides WHFIT

For information on the TIN Matching System offered

information using the safe harbor rules in Treasury

by the IRS, see Items You Should Note in the 2017

TIP

Regulations section 1.671-5(f)(1) or (g)(1), the trustee or

General Instructions for Certain Information Returns.

middleman must determine the amounts reported on all

Forms 1099 under section 1.671-5(f)(2) or (g)(2), as

Account Number

appropriate.

The account number is required if you have multiple

Due date exception and other requirements for furnish-

accounts for a recipient for whom you are filing more than

ing the tax information statement to TIHs. A tax

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

information statement that includes the information provided

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

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

Filing Requirement Check Box, earlier. Additionally, the IRS

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

encourages you to designate an account number for all

additional information identified in Treasury Regulations

Forms 1099-DIV that you file. See part L in the 2017 General

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

Instructions for Certain Information Returns.

tax information statement furnished to the TIH for 2017 is due

on or before March 15, 2018. The amount of an item of trust

Box 1a. Total Ordinary Dividends

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

Enter dividends, including dividends from money market

tax information statement provided to the TIH and is not

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

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

other distributions on stock. Include reinvested dividends and

For more filing requirements, see the 2017 General

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

Instructions for Certain Information Returns.

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

investment expenses that you report in box 5.

Statements to Recipients

An S corporation reports as dividends on Form

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

1099-DIV only distributions made during 2017 out of

statement to the recipient. For information about the

accumulated earnings and profits. See section 1368

requirement to furnish statements to recipients, see part M in

CAUTION

for more information.

the 2017 General Instructions for Certain Information

Returns.

Box 1b. Qualified Dividends

Truncating recipient’s taxpayer identification number

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

on payee statements. Pursuant to Treasury Regulations

reduced capital gains rates. Include dividends for which it is

section 301.6109-4, all filers of this form may truncate a

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

recipient’s taxpayer identification number (social security

period requirement has been met. See Qualified Dividends

number (SSN), individual taxpayer identification number

and the Caution, earlier.

(ITIN), adoption taxpayer identification number (ATIN), or

employer identification number (EIN)) on payee statements.

You must report a dividend paid by a foreign corporation

Truncation is not allowed on any documents the filer files with

according to the guidance provided in Notice 2003-79,

the IRS. A payer's taxpayer identification number may not be

2003-50 I.R.B. 1206, available at

truncated on any form. See part J in the 2017 General

2003-50_IRB/ar12.html, and Notice 2004-71, 2004-45 I.R.B.

Instructions for Certain Information Returns.

793, available at 2004-45_IRB/ar09.html,

which contain the rules for reporting the dividend for tax

FATCA Filing Requirement Check Box

years 2003 and 2004. These rules are extended for 2005 and

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

subsequent tax years by Notice 2006-3, 2006-3 I.R.B. 306,

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

available at 2006-03_IRB/ar11.html.

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

Box 2a. Total Capital Gain Distr.

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

account for chapter 4 purposes as described in Treasury

Enter total capital gain distributions (long-term). Include all

Regulations section 1.1471-4(d)(2)(iii)(A). In addition, check

amounts shown in boxes 2b, 2c, and 2d.

the box if you are an FFI reporting payments to a U.S.

account pursuant to an election described in Treasury

Regulations section 1.1471-4(d)(5)(i)(A).

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Instructions for Form 1099-DIV (2017)

Instructions For Form 1099-Div - 2017 Page 3

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