What is Form 1099-DIV?
Form 1099-DIV reports dividends and capital gain distributions paid to you, usually from stocks and mutual funds held in a taxable account.
The key line is Box 1b, qualified dividends. Those get the lower long-term capital-gains rates (0/15/20%) instead of your ordinary rate, which can be a meaningful saving. Box 2a, capital-gain distributions, are what a mutual fund passes through to you even if you never sold a share.
Who files it
Brokerages and fund companies issue it to investors who received dividends or distributions.
When it's due
Form 1099-DIV is generally due January 31. Deadlines can move for weekends and holidays, so confirm the exact date for the current year on IRS.gov.
Key lines and parts
Here's what you'll actually fill in on Form 1099-DIV:
- Box 1a — total ordinary dividends
- Box 1b — qualified dividends
- Box 2a — total capital gain distributions
- Box 4 — federal tax withheld
How to file
Report the amounts on your Form 1040, using Schedule B if dividends exceed $1,500. Qualified dividends get lower tax rates.