1099-DIV

1099-DIV

An annual statement to investors and to the Internal Revenue Service by payers of dividends that lists the amount of taxable dividend payments for the year. Also included, if appropriate, is any backup withholding required by law.

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1099-DIV

A form that any company is required to submit to all persons or companies earning taxable capital gains on the company. The form contains information on all dividends, interest, and other capital gains paid over the tax year. Publicly-traded companies, mutual funds, banks, and other companies paying dividends or interest must submit a 1099-DIV to each shareholder and bondholder, and report to the IRS how much it paid to each person or company.