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Department of the Treasury
Internal Revenue Service
Instructions for Form

1099-DIV

(Rev. January 2022)
Dividends and Distributions

Section references are to the Internal Revenue Code Online fillable Copies 1, B, 2, and C. To ease
unless otherwise noted. statement furnishing requirements, Copies 1, B, 2, and C
are fillable online in a PDF format, available at IRS.gov/
Future Developments Form1099DIV. You can complete these copies online for
For the latest information about developments related to furnishing statements to recipients and for retaining in
Form 1099-DIV and its instructions, such as legislation your own files.
enacted after they were published, go to IRS.gov/
Form1099DIV.
Specific Instructions
What’s New File Form 1099-DIV for each person:
New Box 11. The “FATCA filing requirement” checkbox • To whom you have paid dividends (including capital
gain dividends and exempt-interest dividends) and other
has been assigned box number 11. Subsequently, box
distributions valued at $10 or more in money or other
numbers 11 through 15 have been renumbered 12
property,
through 16, respectively.
• For whom you have withheld and paid any foreign tax
Reminders on dividends and other distributions on stock,
In addition to these specific instructions, you should also • For whom you have withheld any federal income tax on
dividends under the backup withholding rules, or
use the current General Instructions for Certain
Information Returns. Those general instructions include • To whom you have paid $600 or more in money or
other property as part of a liquidation.
information about the following topics.
• Who must file. Dividends
• When and where to file.
• Electronic reporting. If you make a payment that may be a dividend but you are
• Corrected and void returns. unable to determine whether any part of the payment is a
• Statements to recipients. dividend by the time you must file Form 1099-DIV, the
• Taxpayer identification numbers (TINs). entire payment must be reported as a dividend. See the
• Backup withholding. regulations under section 6042 for a definition of
• Penalties. dividends.

• The definitions of terms applicable for the purposes of Exceptions
chapter 4 of the Internal Revenue Code that are
referenced in these instructions. You are not required to report on Form 1099-DIV the
• Other general topics. following.
1. Taxable dividend distributions from life insurance
You can get the general instructions from General contracts and employee stock ownership plans. These
Instructions for Certain Information Returns at IRS.gov/ are reported on Form 1099-R.
1099GeneralInstructions or go to IRS.gov/Form1099DIV.
2. Substitute payments in lieu of dividends. For
Continuous-use form and instructions. Form payments received by a broker on behalf of a customer in
1099-DIV and these instructions have been converted lieu of dividends as a result of a loan of a customer's
from an annual revision to continuous use. Both the form securities, see the instructions for box 8 under Specific
and instructions will be updated as needed. For the most Instructions for Form 1099-MISC in the current
recent version, go to IRS.gov/Form1099DIV. Instructions for Forms 1099-MISC and 1099-NEC.
Section 897 gain. RICs and REITs should report any Substitute payments in lieu of dividends may be
section 897 gains on the sale of United States real TIP reported on a composite statement to the
property interests (USRPI) in box 2e and box 2f. For recipient with Form 1099-DIV. See Pub. 1179.
further information, see Section 897 gain, later.
3. Payments made to certain payees. These include a
Electronic filing of returns. The Taxpayer First Act of corporation, tax-exempt organization, IRA, Archer MSA,
2019, enacted July 1, 2019, authorized the Department of health savings account (HSA), U.S. agency, state, District
the Treasury and the IRS to issue regulations that reduce
of Columbia, U.S. possession, or registered securities or
the 250-return requirement for 2022 information returns. If commodities dealer.
those regulations are issued and effective for 2022
information returns required to be filed in 2023, we will
post an article at IRS.gov explaining the change.

Dec 13, 2021 Cat. No. 27978B

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Certain distributions commonly referred to as For a list of income tax treaties of the United
! “dividends” are actually interest and are to be TIP States that (a) are comprehensive, (b) include an
CAUTION reported on Form 1099-INT. These include information exchange program, and (c) have been
so-called dividends on deposit or on share accounts in determined by the Treasury Department to be satisfactory
cooperative banks, credit unions, domestic building and for this purpose, see Notice 2011-64, 2011-37 I.R.B. 231,
loan associations, domestic and federal savings and loan available at IRS.gov/irb/2011-37_IRB#NOT-2011-64.
associations, and mutual savings banks.
If the foreign corporation does not meet either (1) or (2)
above, then it may be treated as a qualified foreign
Qualified Dividends corporation for any dividend paid by the corporation if the
Except as provided below, qualified dividends are stock associated with the dividend paid is readily tradable
dividends paid during the tax year from domestic on an established securities market in the United States.
corporations and qualified foreign corporations. See Notice 2003-71, 2003-43 I.R.B. 922, available at
Exceptions. The following dividends are not qualified IRS.gov/irb/2003-43_IRB#NOT-2003-71, for more
dividends. information on when stock may be considered to be
• Dividends the recipient received on any share of stock readily tradable. For additional requirements that must be
held for less than 61 days during the 121-day period that met, see Notice 2006-3, 2006-3 I.R.B. 306, available at
began 60 days before the ex-dividend date. See the IRS.gov/irb/2006-03_IRB#NOT-2006-3.
instructions for box 1b, later. When determining the A foreign corporation will not be considered a qualified
number of days the recipient held the stock, you cannot foreign corporation if:
count certain days during which the recipient's risk of loss 1. The foreign corporation is a passive foreign
was diminished. The ex-dividend date is the first date investment company (as defined in section 1297) for the
following the declaration of a dividend on which the tax year in which the dividend was paid or the prior year;
purchaser of a stock is not entitled to receive the next or
dividend payment. When counting the number of days the
recipient held the stock, include the day the recipient 2. The foreign corporation first became a surrogate
disposed of the stock but not the day the recipient foreign corporation (as defined in section 7874(a)(2)(B))
acquired it. after December 22, 2017, but is not treated as a domestic
• Dividends attributable to periods totaling more than 366 corporation under section 7874(b).
days that the recipient received on any share of preferred For guidance on the extent to which distributions,
stock held for less than 91 days during the 181-day period TIP inclusions, and other amounts received by, or
that began 90 days before the ex-dividend date. See the included in the income of, individual shareholders
instructions for box 1b, later. When determining the as ordinary income from foreign corporations subject to
number of days the recipient held the stock, you cannot certain anti-deferral regimes may be treated as qualified
count certain days during which the recipient's risk of loss dividends, see Notice 2004-70, 2004-44 I.R.B. 724,
was diminished. Preferred dividends attributable to available at IRS.gov/irb/2004-44_IRB#NOT-2004-70.
periods totaling less than 367 days are subject to the
61-day holding period rule above. Section 404(k) Dividends
• Dividends that relate to payments that the recipient is
obligated to make with respect to short sales or positions Report as ordinary dividends in box 1a of Form 1099-DIV
in substantially similar or related property. payments of 404(k) dividends directly from the
• Dividends paid by a regulated investment company corporation to the plan participants or their beneficiaries.
(RIC) that are not treated as qualified dividend income Section 404(k) dividends are not subject to backup
under section 854. withholding. Also, these dividends are not eligible for the
• Dividends paid by a real estate investment trust (REIT) reduced capital gains rates (see Exceptions under
that are not treated as qualified dividend income under Qualified Dividends, earlier).
section 857(c).
• Deductible dividends paid on employer securities. See RICs and REITs
Section 404(k) Dividends, later.
Qualified dividends. If any part of the total ordinary
Qualified foreign corporation. A foreign corporation dividends reported in box 1a is qualified dividends, report
is a qualified foreign corporation if it is: the qualified dividends in box 1b.
1. Incorporated in a possession of the United States,
or For guidance pertaining to dividends of RICs and
TIP REITs, see Notice 2004-39, 2004-22 I.R.B. 982
2. Eligible for benefits of a comprehensive income tax (capital gain dividends of RICs and REITs),
treaty with the United States that the Treasury Department available at IRS.gov/irb/2004-22_IRB#NOT-2004-39,
determines is satisfactory for this purpose and that modified by Notice 2015-41, 2015-24 I.R.B. 1058 (capital
includes an exchange of information program. gain distributions of RICs), available at IRS.gov/irb/
2015-24_IRB#NOT-2015-41; and Rev. Rul. 2005-31,
2005-21 I.R.B. 1084 (limitations applicable to dividends
received from RICs), available at IRS.gov/irb/
2005-21_IRB#RR-2005-31.

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Qualified REIT dividends. Certain taxpayers are business stock acquired after February 17, 2009, and
entitled to a deduction under section 199A computed by before September 28, 2010, the exclusion is 75%. For
reference to several types of income, including qualified qualified small business stock acquired after September
REIT dividends. A qualified REIT dividend is generally a 27, 2010, and before January 1, 2014, the exclusion is
dividend from a REIT received during the tax year that is 100%. For purposes of the 75% and 100% exclusions, the
not a capital gain dividend or a qualified dividend. acquisition date shall be the first day on which the stock
However, a qualified REIT dividend does not include any was held by the taxpayer determined after the application
REIT dividend received with respect to any share of REIT of section 1223.
stock that is held for 45 days or less during the 91-day If any part of the capital gain distribution reported in
period beginning on the date that is 45 days before the box 2a may qualify for this exclusion (taking into
date on which such share became ex-dividend with consideration the recipient's holding period), report the
respect to the dividend. When counting the number of gain in box 2c, and furnish the recipient a statement that
days the recipient held the stock, include the day the reports separately for each designated section 1202 gain
recipient disposed of the stock, but do not include the day the:
the recipient acquired the stock or certain days during • Name of the corporation that issued the stock that was
which the recipient's risk of loss was diminished. In sold,
addition, a qualified REIT dividend does not include any • Date(s) on which the RIC acquired the stock,
dividend on shares of REIT stock to the extent the • Date sold,
recipient is under an obligation (whether pursuant to a • Recipient's part of the sales price,
short sale or otherwise) to make related payments with • Recipient's part of the RIC's basis in the stock, and
respect to positions in substantially similar or related • Amount of the recipient's section 1202 gain and the
property. exclusion percentage.
Section 199A dividends. A RIC that receives qualified Tax credit bonds. If a RIC or REIT holds any tax credit
REIT dividends in a tax year may generally pay section bonds, any bond tax credit allowed to the RIC or REIT
199A dividends for that year, which certain shareholders under section 54A or 54AA on the bond is included in the
of the RIC that meet holding period requirements may RIC's or REIT's gross income as interest. See sections
treat as qualified REIT dividends for purposes of section 54A(f) and 54AA(f)(2); and Notice 2009-15, 2009-6 I.R.B.
199A. The amount of section 199A dividends that a RIC 449, available at IRS.gov/irb/2009-06_IRB#NOT-2009-15.
may pay for a tax year is limited to the amount of qualified RICs can make an election to distribute any bond tax
REIT dividends includible in the RIC's taxable income for credits allowed under sections 54A and 54AA to its
the year, reduced by properly allocable deductions. See shareholders or beneficiaries. See section 853A. Report
Regulations section 1.199A-3(d) for other limits and rules, bond tax credits distributed by a RIC or REIT on Form
including holding period requirements. 1097-BTC.
Dividend payment delayed until January. If a RIC or a If a RIC or REIT distributes any credits with respect to
REIT declares a dividend in October, November, or its stock, the RIC or REIT must report the distributed
December payable to shareholders of record on a credits that are treated as dividends on Form 1099-DIV.
specified date in such a month, the dividends are treated See Notice 2010-28, available at IRS.gov/irb/
as paid by the RIC or REIT and received by the recipients 2010-15_IRB#NOT-2010-28.
on December 31 of such year as long as the dividends are Section 897 gain. If a RIC described in section 897(h)(4)
actually paid by the RIC or REIT during January of the (A)(ii) or a REIT disposes of a USRPI at a gain, any
following year. Report the dividends on Form 1099-DIV for distributions made to the extent attributable to such gain
the year preceding the January they are actually paid. See shall be treated as gain recognized by the recipient from
sections 852(b)(7) and 857(b)(9) for RICs and REITs, the disposition of a USRPI (that is, the look-through rule).
respectively.
If any part of the ordinary dividend reported in box 1a or
If a dividend paid in January is subject to backup capital gain distributions reported in box 2a is attributable
withholding, withhold when the dividend is actually paid. to section 897 gains, report that gain in box 2e and box 2f,
Therefore, backup withhold in January, deposit the respectively.
withholding when appropriate, and reflect it on Form 945,
See section 897 for the definition of USRPI and the
Annual Return of Withheld Federal Income Tax, for the
exceptions to the look-through rule.
year withheld. However, because the dividend is
reportable on Form 1099-DIV for the prior year, the related Note. Only RICs and REITs should complete boxes 2e
backup withholding is also reportable on the prior year and . Boxes 2f 2e and do not need to be completed for 2f
Form 1099-DIV. recipients that are U.S. individuals.
Qualified small business stock—RICs. Under section
1202, a 50% exclusion may be allowed on the gain from Restricted Stock
the sale or exchange of qualified small business stock For information about reporting dividends on restricted
issued after August 10, 1993, and held for more than 5 stock, see Rev. Proc. 80-11, 1980-1 C.B. 616,
years. A 60% exclusion may be allowed if the stock is distinguished by Rev. Proc. 83-38, 1983-1 C.B. 773; and
empowerment zone business stock acquired after Rev. Rul. 83-22, 1983-1 C.B. 17.
December 21, 2000, but not on gain attributable to
periods after December 31, 2018. For qualified small

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Widely Held Fixed Investment Trusts (WHFITs) Account Number
Trustees and middlemen must report the gross amount of The account number is required if you have multiple
dividend income attributable to a trust income holder (TIH) accounts for a recipient for whom you are filing more than
in the appropriate box on Form 1099-DIV if that amount one Form 1099-DIV. The account number is also required
exceeds $10. If the trustee or middleman provides WHFIT if you check box 11, FATCA filing requirement. See Box
information using the safe harbor rules in Regulations 11, later. Additionally, the IRS encourages you to
section 1.671-5(f)(1) or (g)(1), the trustee or middleman designate an account number for all Forms 1099-DIV that
must determine the amounts reported on all Forms 1099 you file. See part L in the current General Instructions for
under section 1.671-5(f)(2) or (g)(2), as appropriate. Certain Information Returns.

Due date exception and other requirements for fur- Box 1a. Total Ordinary Dividends
nishing the tax information statement to TIHs. A tax
information statement that includes the information Enter dividends, including dividends from money market
provided to the IRS on all Forms 1099 filed for the funds, net short-term capital gains from mutual funds, and
calendar year with respect to the TIH's interest in the other distributions on stock. Include reinvested dividends
WHFIT, as well as additional information identified in and section 404(k) dividends paid directly from the
Regulations section 1.671-5(e), must be provided to the corporation. Box 1a includes amounts entered in boxes
TIHs. The written tax information furnished to the TIH for 1b and 2e and it also includes the amount of the
the reporting tax year is due on or before March 15th of recipient's share of investment expenses that you report in
the subsequent year. The amount of an item of trust box 6.
expense that is attributable to a TIH must be included on An S corporation reports as dividends on Form
the tax information statement provided to the TIH and is ! 1099-DIV only distributions made during the tax
not required to be included in box 6 on the Form CAUTION year out of accumulated earnings and profits. See
1099-DIV. section 1368 for more information.
For more filing requirements, see the current General
Instructions for Certain Information Returns. Box 1b. Qualified Dividends
Enter the portion of the dividends in box 1a that qualifies
Statements to Recipients
for the reduced capital gains rates. Include dividends for
If you are required to file Form 1099-DIV, you must which it is impractical to determine if the section 1(h)(11)
provide a statement to the recipient. For information about (B)(iii) holding period requirement has been met. See
the requirement to furnish statements to recipients, see Qualified Dividends and the Caution, earlier.
part M in the current General Instructions for Certain
Information Returns. You must report a dividend paid by a foreign
corporation according to the guidance provided in Notice
Truncating recipient’s TIN on payee statements. 2003-79, 2003-50 I.R.B. 1206, available at
Pursuant to Regulations section 301.6109-4, all filers of IRS.gov/irb/2003-50_IRB#NOT-2003-79, and Notice
this form may truncate a recipient’s TIN (social security 2004-71, 2004-45 I.R.B. 793, available at IRS.gov/irb/
number (SSN), individual taxpayer identification number 2004-45_IRB#NOT-2004-71, which contain the rules for
(ITIN), adoption taxpayer identification number (ATIN), or reporting the dividend for tax years 2003 and 2004. These
employer identification number (EIN)) on payee rules are extended for 2005 and subsequent tax years by
statements. Truncation is not allowed on any documents Notice 2006-3, 2006-3 I.R.B. 306, available at IRS.gov/irb/
the filer files with the IRS. A payer's TIN may not be 2006-03_IRB#NOT-2006-3.
truncated on any form. See part J in the current General
Instructions for Certain Information Returns. Qualified dividends cannot be less than zero. Do
not include an amount less than zero in box 1b.
2nd TIN Not. CAUTION!

You may enter an “X” in this box if you were notified by the
IRS twice within 3 calendar years that the payee provided Box 2a. Total Capital Gain Distr.
an incorrect TIN. If you mark this box, the IRS will not Enter total capital gain distributions (long-term). Include all
send you any further notices about this account. amounts shown in boxes 2b 2c 2d, , , and .2f
However, if you received both IRS notices in the same For more information about reporting amounts in
year, or if you received them in different years but they TIP boxes 2b, 2c, 2d, and 2f, see section 1(h).
both related to information returns filed for the same year,
do not check the box at this time. For purposes of the
two-notices-in-3-years rule, you are considered to have Box 2b. Unrecap. Sec. 1250 Gain
received one notice and you are not required to send a Enter any amount included in box 2a that is an
second “B” notice to the taxpayer on receipt of the second unrecaptured section 1250 gain from certain depreciable
notice. See part N in the current General Instructions for real property.
Certain Information Returns for more information.
Box 2c. Section 1202 Gain
For information on the TIN Matching System
TIP offered by the IRS, see Items You Should Note in Enter any amount included in box 2a that is a section
the current General Instructions for Certain 1202 gain from certain qualified small business stock. See
Information Returns. Qualified small business stock—RICs, earlier.

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Box 2d. Collectibles (28%) Gain Box 8. Foreign Country or U.S. Possession
Enter any amount included in box 2a that is a 28% rate Enter the name of the foreign country or U.S. possession
gain from sales or exchanges of collectibles. for which the foreign tax was paid and reported in box 7.
Box 2e. Section 897 Ordinary Dividends RICs—Special reporting instructions. Do not
complete box 8. Under Regulations section 1.853-4,
Enter any amount included in box 1a that is section 897 country-by-country reporting to shareholders for the
gain from dispositions of USRPI. See Section 897 gain, amount reported in box 7 is not required. The requirement
earlier. to file a separate statement to the IRS has been modified
Box 2f. Section 897 Capital Gain to require filing a statement that elects the application of
section 853 for the tax year with the return for the tax year.
Enter any amount included in box 2a that is section 897 See Regulations section 1.853-4 for more information. Do
gain from dispositions of USRPI. See Section 897 gain, not send the statement with the Forms 1096 and 1099.
earlier.
Boxes and 9 10 apply only to corporations in
Note. Only RICs and REITs should complete boxes 2e ! partial or complete liquidation. Do not include
and . Boxes 2f 2e and do not need to be completed for 2f CAUTION these amounts in box 1a or 1b.
recipients that are U.S. individuals.
Box 9. Cash Liquidation Distributions
Box 3. Nondividend Distributions
Enter cash distributed as part of a liquidation.
Enter nondividend distributions, if determinable.
File Form 5452 if you are a corporation and paid Box 10. Noncash Liquidation Distributions
TIP nondividend distributions to shareholders. Enter noncash distributions made as part of a liquidation.
Show the fair market value as of the date of distribution.

Box 4. Federal Income Tax Withheld Box 11. FATCA Filing Requirement
Enter backup withholding. Recipients who have not Check the box if you are a U.S. payer that is reporting on
furnished their TINs to you in the manner required are Form(s) 1099 (including reporting distributions in boxes 1
subject to backup withholding on certain dividend through 3 and 9, 10, 12, and 13 on this Form 1099-DIV) as
payments reported on this form. Use Form W-9 to request part of satisfying your requirement to report with respect to
the TIN of the recipient. For foreign recipients, use the a U.S. account for the purposes of chapter 4 of the
applicable Form W-8. See the Instructions for the Internal Revenue Code, as described in Regulations
Requester of Forms W-8BEN, W-8ECI, W-8EXP, and section 1.1471-4(d)(2)(iii)(A). In addition, check the box if
W-8IMY. you are a foreign financial institution (FFI) reporting
payments to a U.S. account pursuant to an election
For more information on backup withholding, including
described in Regulations section 1.1471-4(d)(5)(i)(A).
the applicable rate, see part N in the current General
Instructions for Certain Information Returns. Box 12. Exempt-Interest Dividends
Box 5. Section 199A Dividends Enter exempt-interest dividends from a mutual fund or
other RIC. Include specified private activity bond interest
Enter the qualified REIT dividends paid by a REIT or
dividends in box 13 and in the total for box 12. See the
section 199A dividends paid by a RIC to the recipient.
instructions for box 13 next.
This amount is included in the amount reported in box 1a.
Include REIT dividends (other than capital gain dividends Box 13. Specified Private Activity Bond Interest
and qualified dividends) for which it is impractical for the Dividends
REIT to determine whether the recipient has met the
holding period requirement described in Regulations Enter exempt-interest dividends paid by a RIC on
section 1.199A-3(c)(2)(ii). See Qualified REIT dividends, specified private activity bonds to the extent that the
earlier. dividends are attributable to interest on the bonds
received by the RIC minus an allocable share of the
Box 6. Investment Expenses expenses. Generally, “specified private activity bond”
Enter the recipient's pro rata share of certain amounts means any private activity bond defined in section 141
deductible by a nonpublicly offered RIC in computing its and issued after August 7, 1986. See section 57(a)(5) for
taxable income. This amount is includible in the recipient's more details.

gross income under section 67(c) and must also be Boxes 14–16. State Information
included in box 1a. Do not include any investment
expenses in box 1b. These boxes, and Copies 1 and 2, are provided for your
convenience only and need not be completed for the IRS.
Box 7. Foreign Tax Paid If you withheld state income taxes on this payment, use
Enter foreign tax paid on dividends and other distributions the state information boxes to report payments for up to
on stock. A RIC must report only the amount it elects to two states. Keep the information for each state separated
pass through to the recipient. Report this amount in U.S. by the dashed line in each box. In box 14, enter the
dollars. abbreviated name of the state. In box 15, enter the payer's
state identification number. The state number is the

Instructions for Form 1099-DIV (Rev. 01-2022) -5-

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payer's identification number assigned by the individual     to the state tax department. Give Copy 2 to the recipient 
state. Enter in box 16 the state income tax withheld on this for use in filing the recipient's state income tax return.
payment.
If a state tax department requires that you send them a 
paper copy of this form, use Copy 1 to provide information 

                                                             -6- Instructions for Form 1099-DIV (Rev. 01-2022)

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