RayW7
Expert Alumni

Investors & landlords

If you did not have any dividends paid to your account you will not receive a 1099-DIV.  However, many times you will receive a 1099 Composite statement which will include a summary sheet that lists 1099-DIV for dividends and/or 1099-INT for any interest earned.  If you did received a 1099 Composite look in detail for dividends and interest. 

 

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. 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.