1099-DIV, Dividends and Distributions

This reports dividends from investments if you've made more than $10. Heads up: Dividends on your account at a credit union don't count. (They’re technically reported as interest instead.) We’ll ask you to report dividend income under the "Income" section of the filing flow.

Breaking down the boxes:

  • Box 1a: Total ordinary dividends — Total of all the ordinary dividends received.
  • Box 1b: Qualified dividends — Dividends that meet certain requirements to be taxed at a lower rate.
  • Box 2a: Total capital gain distributions — Total amount of capital gains distributions, which come from profits on the sale of securities within the fund.
  • Box 2b: Unrecaptured section 1250 gain — A type of gain that relates specifically to depreciable real estate.
  • Box 2c: Section 1202 gain — Represents a capital gain from certain small business stocks.
  • Box 2d: Collectibles (28%) gain — Gain from the sale of collectibles, which is taxed at a maximum rate of 28%.
  • Box 3: Nondividend distributions — Distributions that are not paid out of the earnings and profits of a corporation or a mutual fund.
  • Box 4: Federal income tax withheld — Backup withholding that was taken out of your dividend payments.
  • Box 5: Investment expenses — Your share of expenses from an investment company, and they are usually deductible.
  • Box 6: Foreign tax paid — Any tax paid to a foreign country on foreign investments.
  • Box 7: Foreign country or U.S. possession — Where the foreign country or U.S. possession where the foreign tax was paid is identified.
  • Boxes 8-11: Cash and noncash liquidation distributions — Amounts received during liquidations.
  • Boxes 12-14: Exempt-interest dividends and specified private activity bond interest dividends — Relate to certain types of exempt-interest dividends.