Important Facts About the 1099-DIV Form
1099-DIV Forms are Applicable for the Following Businesses:
MUTUAL FUNDS COMPANIES
OTHER FINANCIAL ORGANIZATIONS
1099-DIV must be filed for the following individuals:
- Persons for whom any foreign tax on dividends and other distributions on stock have been denied and paid.
- Persons for whom any federal income tax on dividends, covered by the backup withholding rules have been denied.
- Persons who paid $600 or more as part of a liquidation.