i1099-div--2022-01-00

Instructions for Form
1099-DIV

Department of the Treasury
Internal Revenue Service

(Rev. January 2022)

Dividends and Distributions
Section references are to the Internal Revenue Code
unless otherwise noted.

Future Developments

For the latest information about developments related to
Form 1099-DIV and its instructions, such as legislation
enacted after they were published, go to IRS.gov/
Form1099DIV.

What’s New
New Box 11. The “FATCA filing requirement” checkbox
has been assigned box number 11. Subsequently, box
numbers 11 through 15 have been renumbered 12
through 16, respectively.

Reminders

In addition to these specific instructions, you should also
use the current General Instructions for Certain
Information Returns. Those general instructions include
information about the following topics.
• Who must file.
• When and where to file.
• Electronic reporting.
• Corrected and void returns.
• Statements to recipients.
• Taxpayer identification numbers (TINs).
• Backup withholding.
• Penalties.
• The definitions of terms applicable for the purposes of
chapter 4 of the Internal Revenue Code that are
referenced in these instructions.
• Other general topics.
You can get the general instructions from General
Instructions for Certain Information Returns at IRS.gov/
1099GeneralInstructions or go to IRS.gov/Form1099DIV.
Continuous-use form and instructions. Form
1099-DIV and these instructions have been converted
from an annual revision to continuous use. Both the form
and instructions will be updated as needed. For the most
recent version, go to IRS.gov/Form1099DIV.
Section 897 gain. RICs and REITs should report any
section 897 gains on the sale of United States real
property interests (USRPI) in box 2e and box 2f. For
further information, see Section 897 gain, later.
Electronic filing of returns. The Taxpayer First Act of
2019, enacted July 1, 2019, authorized the Department of
the Treasury and the IRS to issue regulations that reduce
the 250-return requirement for 2022 information returns. If
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

Online fillable Copies 1, B, 2, and C. To ease
statement furnishing requirements, Copies 1, B, 2, and C
are fillable online in a PDF format, available at IRS.gov/
Form1099DIV. You can complete these copies online for
furnishing statements to recipients and for retaining in
your own files.

Specific Instructions

File Form 1099-DIV for each person:
• To whom you have paid dividends (including capital
gain dividends and exempt-interest dividends) and other
distributions valued at $10 or more in money or other
property,
• For whom you have withheld and paid any foreign tax
on dividends and other distributions on stock,
• For whom you have withheld any federal income tax on
dividends under the backup withholding rules, or
• To whom you have paid $600 or more in money or
other property as part of a liquidation.

Dividends

If you make a payment that may be a dividend but you are
unable to determine whether any part of the payment is a
dividend by the time you must file Form 1099-DIV, the
entire payment must be reported as a dividend. See the
regulations under section 6042 for a definition of
dividends.

Exceptions

You are not required to report on Form 1099-DIV the
following.
1. Taxable dividend distributions from life insurance
contracts and employee stock ownership plans. These
are reported on Form 1099-R.
2. Substitute payments in lieu of dividends. For
payments received by a broker on behalf of a customer in
lieu of dividends as a result of a loan of a customer's
securities, see the instructions for box 8 under Specific
Instructions for Form 1099-MISC in the current
Instructions for Forms 1099-MISC and 1099-NEC.
Substitute payments in lieu of dividends may be

TIP reported on a composite statement to the

recipient with Form 1099-DIV. See Pub. 1179.

3. Payments made to certain payees. These include a
corporation, tax-exempt organization, IRA, Archer MSA,
health savings account (HSA), U.S. agency, state, District
of Columbia, U.S. possession, or registered securities or
commodities dealer.

Cat. No. 27978B

For a list of income tax treaties of the United

Certain distributions commonly referred to as
“dividends” are actually interest and are to be
CAUTION reported on Form 1099-INT. These include
so-called dividends on deposit or on share accounts in
cooperative banks, credit unions, domestic building and
loan associations, domestic and federal savings and loan
associations, and mutual savings banks.

TIP States that (a) are comprehensive, (b) include an

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information exchange program, and (c) have been
determined by the Treasury Department to be satisfactory
for this purpose, see Notice 2011-64, 2011-37 I.R.B. 231,
available at IRS.gov/irb/2011-37_IRB#NOT-2011-64.
If the foreign corporation does not meet either (1) or (2)
above, then it may be treated as a qualified foreign
corporation for any dividend paid by the corporation if the
stock associated with the dividend paid is readily tradable
on an established securities market in the United States.
See Notice 2003-71, 2003-43 I.R.B. 922, available at
IRS.gov/irb/2003-43_IRB#NOT-2003-71, for more
information on when stock may be considered to be
readily tradable. For additional requirements that must be
met, see Notice 2006-3, 2006-3 I.R.B. 306, available at
IRS.gov/irb/2006-03_IRB#NOT-2006-3.
A foreign corporation will not be considered a qualified
foreign corporation if:
1. The foreign corporation is a passive foreign
investment company (as defined in section 1297) for the
tax year in which the dividend was paid or the prior year;
or
2. The foreign corporation first became a surrogate
foreign corporation (as defined in section 7874(a)(2)(B))
after December 22, 2017, but is not treated as a domestic
corporation under section 7874(b).

Qualified Dividends

Except as provided below, qualified dividends are
dividends paid during the tax year from domestic
corporations and qualified foreign corporations.
Exceptions. The following dividends are not qualified
dividends.
• Dividends the recipient received on any share of stock
held for less than 61 days during the 121-day period that
began 60 days before the ex-dividend date. See the
instructions for box 1b, later. When determining the
number of days the recipient held the stock, you cannot
count certain days during which the recipient's risk of loss
was diminished. The ex-dividend date is the first date
following the declaration of a dividend on which the
purchaser of a stock is not entitled to receive the next
dividend payment. When counting the number of days the
recipient held the stock, include the day the recipient
disposed of the stock but not the day the recipient
acquired it.
• Dividends attributable to periods totaling more than 366
days that the recipient received on any share of preferred
stock held for less than 91 days during the 181-day period
that began 90 days before the ex-dividend date. See the
instructions for box 1b, later. When determining the
number of days the recipient held the stock, you cannot
count certain days during which the recipient's risk of loss
was diminished. Preferred dividends attributable to
periods totaling less than 367 days are subject to the
61-day holding period rule above.
• Dividends that relate to payments that the recipient is
obligated to make with respect to short sales or positions
in substantially similar or related property.
• Dividends paid by a regulated investment company
(RIC) that are not treated as qualified dividend income
under section 854.
• Dividends paid by a real estate investment trust (REIT)
that are not treated as qualified dividend income under
section 857(c).
• Deductible dividends paid on employer securities. See
Section 404(k) Dividends, later.
Qualified foreign corporation. A foreign corporation
is a qualified foreign corporation if it is:
1. Incorporated in a possession of the United States,
or
2. Eligible for benefits of a comprehensive income tax
treaty with the United States that the Treasury Department
determines is satisfactory for this purpose and that
includes an exchange of information program.

For guidance on the extent to which distributions,

TIP inclusions, and other amounts received by, or

included in the income of, individual shareholders
as ordinary income from foreign corporations subject to
certain anti-deferral regimes may be treated as qualified
dividends, see Notice 2004-70, 2004-44 I.R.B. 724,
available at IRS.gov/irb/2004-44_IRB#NOT-2004-70.

Section 404(k) Dividends

Report as ordinary dividends in box 1a of Form 1099-DIV
payments of 404(k) dividends directly from the
corporation to the plan participants or their beneficiaries.
Section 404(k) dividends are not subject to backup
withholding. Also, these dividends are not eligible for the
reduced capital gains rates (see Exceptions under
Qualified Dividends, earlier).

RICs and REITs
Qualified dividends. If any part of the total ordinary
dividends reported in box 1a is qualified dividends, report
the qualified dividends in box 1b.
For guidance pertaining to dividends of RICs and

TIP REITs, see Notice 2004-39, 2004-22 I.R.B. 982

(capital gain dividends of RICs and REITs),
available at IRS.gov/irb/2004-22_IRB#NOT-2004-39,
modified by Notice 2015-41, 2015-24 I.R.B. 1058 (capital
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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Instructions for Form 1099-DIV (Rev. 01-2022)

Qualified REIT dividends. Certain taxpayers are
entitled to a deduction under section 199A computed by
reference to several types of income, including qualified
REIT dividends. A qualified REIT dividend is generally a
dividend from a REIT received during the tax year that is
not a capital gain dividend or a qualified dividend.
However, a qualified REIT dividend does not include any
REIT dividend received with respect to any share of REIT
stock that is held for 45 days or less during the 91-day
period beginning on the date that is 45 days before the
date on which such share became ex-dividend with
respect to the dividend. When counting the number of
days the recipient held the stock, include the day the
recipient disposed of the stock, but do not include the day
the recipient acquired the stock or certain days during
which the recipient's risk of loss was diminished. In
addition, a qualified REIT dividend does not include any
dividend on shares of REIT stock to the extent the
recipient is under an obligation (whether pursuant to a
short sale or otherwise) to make related payments with
respect to positions in substantially similar or related
property.

business stock acquired after February 17, 2009, and
before September 28, 2010, the exclusion is 75%. For
qualified small business stock acquired after September
27, 2010, and before January 1, 2014, the exclusion is
100%. For purposes of the 75% and 100% exclusions, the
acquisition date shall be the first day on which the stock
was held by the taxpayer determined after the application
of section 1223.
If any part of the capital gain distribution reported in
box 2a may qualify for this exclusion (taking into
consideration the recipient's holding period), report the
gain in box 2c, and furnish the recipient a statement that
reports separately for each designated section 1202 gain
the:
• Name of the corporation that issued the stock that was
sold,
• Date(s) on which the RIC acquired the stock,
• Date sold,
• Recipient's part of the sales price,
• Recipient's part of the RIC's basis in the stock, and
• Amount of the recipient's section 1202 gain and the
exclusion percentage.

Section 199A dividends. A RIC that receives qualified
REIT dividends in a tax year may generally pay section
199A dividends for that year, which certain shareholders
of the RIC that meet holding period requirements may
treat as qualified REIT dividends for purposes of section
199A. The amount of section 199A dividends that a RIC
may pay for a tax year is limited to the amount of qualified
REIT dividends includible in the RIC's taxable income for
the year, reduced by properly allocable deductions. See
Regulations section 1.199A-3(d) for other limits and rules,
including holding period requirements.

Tax credit bonds. If a RIC or REIT holds any tax credit
bonds, any bond tax credit allowed to the RIC or REIT
under section 54A or 54AA on the bond is included in the
RIC's or REIT's gross income as interest. See sections
54A(f) and 54AA(f)(2); and Notice 2009-15, 2009-6 I.R.B.
449, available at IRS.gov/irb/2009-06_IRB#NOT-2009-15.
RICs can make an election to distribute any bond tax
credits allowed under sections 54A and 54AA to its
shareholders or beneficiaries. See section 853A. Report
bond tax credits distributed by a RIC or REIT on Form
1097-BTC.
If a RIC or REIT distributes any credits with respect to
its stock, the RIC or REIT must report the distributed
credits that are treated as dividends on Form 1099-DIV.
See Notice 2010-28, available at IRS.gov/irb/
2010-15_IRB#NOT-2010-28.

Dividend payment delayed until January. If a RIC or a
REIT declares a dividend in October, November, or
December payable to shareholders of record on a
specified date in such a month, the dividends are treated
as paid by the RIC or REIT and received by the recipients
on December 31 of such year as long as the dividends are
actually paid by the RIC or REIT during January of the
following year. Report the dividends on Form 1099-DIV for
the year preceding the January they are actually paid. See
sections 852(b)(7) and 857(b)(9) for RICs and REITs,
respectively.
If a dividend paid in January is subject to backup
withholding, withhold when the dividend is actually paid.
Therefore, backup withhold in January, deposit the
withholding when appropriate, and reflect it on Form 945,
Annual Return of Withheld Federal Income Tax, for the
year withheld. However, because the dividend is
reportable on Form 1099-DIV for the prior year, the related
backup withholding is also reportable on the prior year
Form 1099-DIV.

Section 897 gain. If a RIC described in section 897(h)(4)
(A)(ii) or a REIT disposes of a USRPI at a gain, any
distributions made to the extent attributable to such gain
shall be treated as gain recognized by the recipient from
the disposition of a USRPI (that is, the look-through rule).
If any part of the ordinary dividend reported in box 1a or
capital gain distributions reported in box 2a is attributable
to section 897 gains, report that gain in box 2e and box 2f,
respectively.
See section 897 for the definition of USRPI and the
exceptions to the look-through rule.
Note. Only RICs and REITs should complete boxes 2e
and 2f. Boxes 2e and 2f do not need to be completed for
recipients that are U.S. individuals.

Qualified small business stock—RICs. Under section
1202, a 50% exclusion may be allowed on the gain from
the sale or exchange of qualified small business stock
issued after August 10, 1993, and held for more than 5
years. A 60% exclusion may be allowed if the stock is
empowerment zone business stock acquired after
December 21, 2000, but not on gain attributable to
periods after December 31, 2018. For qualified small
Instructions for Form 1099-DIV (Rev. 01-2022)

Restricted Stock

For information about reporting dividends on restricted
stock, see Rev. Proc. 80-11, 1980-1 C.B. 616,
distinguished by Rev. Proc. 83-38, 1983-1 C.B. 773; and
Rev. Rul. 83-22, 1983-1 C.B. 17.

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Widely Held Fixed Investment Trusts (WHFITs)

Account Number

Due date exception and other requirements for furnishing the tax information statement to TIHs. A tax
information statement that includes the information
provided to the IRS on all Forms 1099 filed for the
calendar year with respect to the TIH's interest in the
WHFIT, as well as additional information identified in
Regulations section 1.671-5(e), must be provided to the
TIHs. The written tax information furnished to the TIH for
the reporting tax year is due on or before March 15th of
the subsequent year. The amount of an item of trust
expense that is attributable to a TIH must be included on
the tax information statement provided to the TIH and is
not required to be included in box 6 on the Form
1099-DIV.
For more filing requirements, see the current General
Instructions for Certain Information Returns.

Box 1a. Total Ordinary Dividends

Trustees and middlemen must report the gross amount of
dividend income attributable to a trust income holder (TIH)
in the appropriate box on Form 1099-DIV if that amount
exceeds $10. If the trustee or middleman provides WHFIT
information using the safe harbor rules in Regulations
section 1.671-5(f)(1) or (g)(1), the trustee or middleman
must determine the amounts reported on all Forms 1099
under section 1.671-5(f)(2) or (g)(2), as appropriate.

The account number is required if you have multiple
accounts for a recipient for whom you are filing more than
one Form 1099-DIV. The account number is also required
if you check box 11, FATCA filing requirement. See Box
11, later. Additionally, the IRS encourages you to
designate an account number for all Forms 1099-DIV that
you file. See part L in the current General Instructions for
Certain Information Returns.
Enter dividends, including dividends from money market
funds, net short-term capital gains from mutual funds, and
other distributions on stock. Include reinvested dividends
and section 404(k) dividends paid directly from the
corporation. Box 1a includes amounts entered in boxes
1b and 2e and it also includes the amount of the
recipient's share of investment expenses that you report in
box 6.
An S corporation reports as dividends on Form
1099-DIV only distributions made during the tax
CAUTION year out of accumulated earnings and profits. See
section 1368 for more information.

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Box 1b. Qualified Dividends

Enter the portion of the dividends in box 1a that qualifies
for the reduced capital gains rates. Include dividends for
which it is impractical to determine if the section 1(h)(11)
(B)(iii) holding period requirement has been met. See
Qualified Dividends and the Caution, earlier.

Statements to Recipients

If you are required to file Form 1099-DIV, you must
provide a statement to the recipient. For information about
the requirement to furnish statements to recipients, see
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
2003-79, 2003-50 I.R.B. 1206, available at
IRS.gov/irb/2003-50_IRB#NOT-2003-79, and Notice
2004-71, 2004-45 I.R.B. 793, available at IRS.gov/irb/
2004-45_IRB#NOT-2004-71, which contain the rules for
reporting the dividend for tax years 2003 and 2004. These
rules are extended for 2005 and subsequent tax years by
Notice 2006-3, 2006-3 I.R.B. 306, available at IRS.gov/irb/
2006-03_IRB#NOT-2006-3.

Truncating recipient’s TIN on payee statements.
Pursuant to Regulations section 301.6109-4, all filers of
this form may truncate a recipient’s TIN (social security
number (SSN), individual taxpayer identification number
(ITIN), adoption taxpayer identification number (ATIN), or
employer identification number (EIN)) on payee
statements. Truncation is not allowed on any documents
the filer files with the IRS. A payer's TIN may not be
truncated on any form. See part J in the current General
Instructions for Certain Information Returns.

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2nd TIN Not.

Qualified dividends cannot be less than zero. Do
not include an amount less than zero in box 1b.

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
an incorrect TIN. If you mark this box, the IRS will not
send you any further notices about this account.

Box 2a. Total Capital Gain Distr.

Enter total capital gain distributions (long-term). Include all
amounts shown in boxes 2b, 2c, 2d, and 2f.
For more information about reporting amounts in

However, if you received both IRS notices in the same
year, or if you received them in different years but they
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
received one notice and you are not required to send a
second “B” notice to the taxpayer on receipt of the second
notice. See part N in the current General Instructions for
Certain Information Returns for more information.

Box 2b. Unrecap. Sec. 1250 Gain

For information on the TIN Matching System
TIP offered by the IRS, see Items You Should Note in
the current General Instructions for Certain
Information Returns.

Enter any amount included in box 2a that is a section
1202 gain from certain qualified small business stock. See
Qualified small business stock—RICs, earlier.

TIP boxes 2b, 2c, 2d, and 2f, see section 1(h).

Enter any amount included in box 2a that is an
unrecaptured section 1250 gain from certain depreciable
real property.

Box 2c. Section 1202 Gain

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

Box 2d. Collectibles (28%) Gain

Box 8. Foreign Country or U.S. Possession

Box 2e. Section 897 Ordinary Dividends

RICs—Special reporting instructions. Do not
complete box 8. Under Regulations section 1.853-4,
country-by-country reporting to shareholders for the
amount reported in box 7 is not required. The requirement
to file a separate statement to the IRS has been modified
to require filing a statement that elects the application of
section 853 for the tax year with the return for the tax year.
See Regulations section 1.853-4 for more information. Do
not send the statement with the Forms 1096 and 1099.

Enter any amount included in box 2a that is a 28% rate
gain from sales or exchanges of collectibles.

Enter the name of the foreign country or U.S. possession
for which the foreign tax was paid and reported in box 7.

Enter any amount included in box 1a that is section 897
gain from dispositions of USRPI. See Section 897 gain,
earlier.

Box 2f. Section 897 Capital Gain

Enter any amount included in box 2a that is section 897
gain from dispositions of USRPI. See Section 897 gain,
earlier.

Note. Only RICs and REITs should complete boxes 2e
and 2f. Boxes 2e and 2f do not need to be completed for
recipients that are U.S. individuals.

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CAUTION

Boxes 9 and 10 apply only to corporations in
partial or complete liquidation. Do not include
these amounts in box 1a or 1b.

Box 9. Cash Liquidation Distributions

Box 3. Nondividend Distributions

Enter cash distributed as part of a liquidation.

Enter nondividend distributions, if determinable.

Box 10. Noncash Liquidation Distributions

File Form 5452 if you are a corporation and paid
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

For more information on backup withholding, including
the applicable rate, see part N in the current General
Instructions for Certain Information Returns.

Box 12. Exempt-Interest Dividends

Check the box if you are a U.S. payer that is reporting on
Form(s) 1099 (including reporting distributions in boxes 1
through 3 and 9, 10, 12, and 13 on this Form 1099-DIV) as
part of satisfying your requirement to report with respect to
a U.S. account for the purposes of chapter 4 of the
Internal Revenue Code, as described in Regulations
section 1.1471-4(d)(2)(iii)(A). In addition, check the box if
you are a foreign financial institution (FFI) reporting
payments to a U.S. account pursuant to an election
described in Regulations section 1.1471-4(d)(5)(i)(A).

Enter backup withholding. Recipients who have not
furnished their TINs to you in the manner required are
subject to backup withholding on certain dividend
payments reported on this form. Use Form W-9 to request
the TIN of the recipient. For foreign recipients, use the
applicable Form W-8. See the Instructions for the
Requester of Forms W-8BEN, W-8ECI, W-8EXP, and
W-8IMY.

Enter exempt-interest dividends from a mutual fund or
other RIC. Include specified private activity bond interest
dividends in box 13 and in the total for box 12. See the
instructions for box 13 next.

Box 5. Section 199A Dividends

Enter the qualified REIT dividends paid by a REIT or
section 199A dividends paid by a RIC to the recipient.
This amount is included in the amount reported in box 1a.
Include REIT dividends (other than capital gain dividends
and qualified dividends) for which it is impractical for the
REIT to determine whether the recipient has met the
holding period requirement described in Regulations
section 1.199A-3(c)(2)(ii). See Qualified REIT dividends,
earlier.

Box 13. Specified Private Activity Bond Interest
Dividends

Enter exempt-interest dividends paid by a RIC on
specified private activity bonds to the extent that the
dividends are attributable to interest on the bonds
received by the RIC minus an allocable share of the
expenses. Generally, “specified private activity bond”
means any private activity bond defined in section 141
and issued after August 7, 1986. See section 57(a)(5) for
more details.

Box 6. Investment Expenses

Enter the recipient's pro rata share of certain amounts
deductible by a nonpublicly offered RIC in computing its
taxable income. This amount is includible in the recipient's
gross income under section 67(c) and must also be
included in box 1a. Do not include any investment
expenses in box 1b.

Boxes 14–16. State Information

These boxes, and Copies 1 and 2, are provided for your
convenience only and need not be completed for the IRS.
If you withheld state income taxes on this payment, use
the state information boxes to report payments for up to
two states. Keep the information for each state separated
by the dashed line in each box. In box 14, enter the
abbreviated name of the state. In box 15, enter the payer's
state identification number. The state number is the

Box 7. Foreign Tax Paid

Enter foreign tax paid on dividends and other distributions
on stock. A RIC must report only the amount it elects to
pass through to the recipient. Report this amount in U.S.
dollars.

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

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

to the state tax department. Give Copy 2 to the recipient
for use in filing the recipient's state income tax return.

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