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A common reason for receiving a 1099-DIV form is because some of the stocks you own pay dividends, or a mutual fund you invest in made a capital gains distribution to you during the year. It is possible that you might also receive US government related funds that are tax exempt. You won’t file the 1099-DIV with the Internal Revenue Service, but you will need the information it reports when preparing your tax return.
For more information, click here: 1099-DIV
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