Form 1099-DIV
A form sent to investors by investment fund companies. The form is a record of all taxable capital gains and dividends paid to an investor, including those that have been re-invested in a given taxation year. The amounts stated on the form represent the amounts that fund companies are attributing to each investor's investment return for the year and reporting to the IRS. Investors use Form 1099-DIV to help report income received from investments on their tax return each year.
Investopedia Commentary
Form 1099-DIV reports the ordinary dividends, total capital gains, qualified dividends, non-taxable distributions, federal income tax withheld, foreign tax paid and foreign source income from each investment account held by a fund company. Forms are not sent to investors who received or re-invested a total of less than $10 per fund.
Related Links
A Long-Term Mindset Meets Dreaded Capital-Gains Tax
Avoiding IRS Penalties On Your IRA Assets
The Truth Behind Mutual Fund Returns
IRA Year-End Statements
See also: Capital Gain, Distribution, Dividend, Income Tax, Internal Revenue Service - IRS, Mutual Fund, Qualified Dividend
Also spelled: form 1099, 1099-DIV