• Instructions for Form 1099-DIV - Introductory Material
    • Time to come Developments
    • What's New
      • New Box eleven.
    • Reminders
  • Instructions for Form 1099-DIV - Main Contents
    • Specific Instructions
      • Dividends
      • Exceptions
      • Qualified Dividends
      • Exceptions.
        • Qualified foreign corporation.
      • Section 404(k) Dividends
      • RICs and REITs
        • Qualified dividends.
        • Qualified REIT dividends.
        • Section 199A dividends.
        • Dividend payment delayed until Jan.
        • Qualified small business organisation stock—RICs.
        • Taxation credit bonds.
        • Section 897 gain.
      • Restricted Stock
      • Widely Held Stock-still Investment Trusts (WHFITs)
      • Due date exception and other requirements for furnishing the tax information argument to TIHs.
      • Statements to Recipients
        • Truncating recipient'southward Tin on payee statements.
      • 2d Can Not.
      • Business relationship Number
      • Box 1a. Full Ordinary Dividends
      • Box 1b. Qualified Dividends
      • Box 2a. Full Capital Gain Distr.
      • Box 2b. Unrecap. Sec. 1250 Gain
      • Box 2c. Section 1202 Gain
      • Box 2d. Collectibles (28%) Gain
      • Box 2e. Section 897 Ordinary Dividends
      • Box 2f. Section 897 Capital Gain
      • Box 3. Nondividend Distributions
      • Box 4. Federal Income Tax Withheld
      • Box five. Section 199A Dividends
      • Box vi. Investment Expenses
      • Box 7. Strange Taxation Paid
      • Box eight. Strange Country or U.S. Possession
        • RICs—Special reporting instructions.
      • Box 9. Cash Liquidation Distributions
      • Box 10. Noncash Liquidation Distributions
      • Box xi. FATCA Filing Requirement
      • Box 12. Exempt-Interest Dividends
      • Box thirteen. Specified Private Activity Bail Involvement Dividends
      • Boxes 14–sixteen. State Data

Instructions for Form 1099-DIV (01/2022)

Dividends and Distributions

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

Revised: 01/2022

Instructions for Form 1099-DIV - Introductory Material

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. Later, box numbers 11 through 15 take been renumbered 12 through xvi, respectively.

Reminders

In add-on to these specific instructions, yous should also utilise the current General Instructions for Certain Information Returns. Those general instructions include data about the post-obit 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 Lawmaking that are referenced in these instructions.

  • Other general topics.

You can get the full general instructions from General Instructions for Certain Information Returns at IRS.gov/1099GeneralInstructions or become to IRS.gov/Form1099DIV.

Continuous-use form and instructions.

Form 1099-DIV and these instructions have been converted from an annual revision to continuous apply. Both the course and instructions will exist updated as needed. For the almost recent version, become to IRS.gov/Form1099DIV.

Section 897 gain.

RICs and REITs should study any section 897 gains on the sale of United States existent property interests (USRPI) in box 2e and box 2f. For further information, run into Section 897 gain , later.

Electronic filing of returns.

The Taxpayer Beginning Act of 2019, enacted July 1, 2019, authorized the Department of the Treasury and the IRS to upshot regulations that reduce the 250-return requirement for 2022 information returns. If those regulations are issued and effective for 2022 data returns required to be filed in 2023, nosotros will post an article at IRS.gov explaining the change.

Online fillable Copies ane, B, 2, and C.

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

Instructions for Class 1099-DIV - Main Contents

Specific Instructions

File Form 1099-DIV for each person:

  • To whom you have paid dividends (including majuscule proceeds dividends and exempt-interest dividends) and other distributions valued at $10 or more than in coin or other property,

  • For whom y'all accept withheld and paid whatever foreign tax on dividends and other distributions on stock,

  • For whom you have withheld whatsoever federal income revenue enhancement on dividends under the backup withholding rules, or

  • To whom you accept paid $600 or more in money or other property equally role of a liquidation.

Dividends

If you lot make a payment that may be a dividend but yous are unable to determine whether any function of the payment is a dividend by the time you must file Form 1099-DIV, the entire payment must be reported as a dividend. Meet 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 Grade 1099-R.

  2. Substitute payments in lieu of dividends. For payments received past 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.

    . This is an Image: taxtip.gif Substitute payments in lieu of dividends may be reported on a blended statement to the recipient with Course 1099-DIV. Run across 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, land, District of Columbia, U.S. possession, or registered securities or commodities dealer.

. This is an Image: caution.gif Certain distributions ordinarily referred to equally "dividends" are actually involvement and are to exist reported on Course 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. .

Qualified Dividends

Except as provided beneath, 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-mean solar day menstruation that began threescore 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 run a risk of loss was macerated. The ex-dividend date is the beginning engagement post-obit 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 twenty-four hours the recipient disposed of the stock but not the day the recipient acquired information technology.

  • 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-mean solar day period that began 90 days earlier the ex-dividend date. Encounter the instructions for box 1b, afterward. 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 owing to periods totaling less than 367 days are subject field to the 61-day property period rule above.

  • Dividends that relate to payments that the recipient is obligated to brand 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 nether department 854.

  • Dividends paid by a existent manor investment trust (REIT) that are not treated equally qualified dividend income nether section 857(c).

  • Deductible dividends paid on employer securities. Run into Department 404(one thousand) Dividends , later.

Qualified foreign corporation.

A foreign corporation is a qualified strange 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 Usa that the Treasury Department determines is satisfactory for this purpose and that includes an substitution of information program.

. This is an Image: taxtip.gif For a list of income tax treaties of the United States that (a) are comprehensive, (b) include an information exchange plan, 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 see either (1) or (2) above, and 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 marketplace in the Us. 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 exist considered to exist readily tradable. For additional requirements that must be met, see Notice 2006-three, 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 strange corporation if:

  1. The strange corporation is a passive foreign investment company (equally defined in section 1297) for the tax yr in which the dividend was paid or the prior year; or

  2. The foreign corporation outset became a surrogate foreign corporation (as defined in department 7874(a)(2)(B)) after Dec 22, 2017, but is not treated equally a domestic corporation under section 7874(b).

. This is an Image: taxtip.gif For guidance on the extent to which distributions, inclusions, and other amounts received by, or included in the income of, individual shareholders as ordinary income from foreign corporations discipline to sure anti-deferral regimes may be treated every bit 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(1000) dividends directly from the corporation to the plan participants or their beneficiaries.

Department 404(grand) dividends are not field of study to fill-in withholding. Too, these dividends are not eligible for the
reduced capital letter 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, study the qualified dividends in box 1b.

. This is an Image: taxtip.gif For guidance pertaining to dividends of RICs and REITs, see Notice 2004-39, 2004-22 I.R.B. 982 (capital letter proceeds dividends of RICs and REITs), available at IRS.gov/irb/2004-22_IRB#NOT-2004-39, modified by Discover 2015-41, 2015-24 I.R.B. 1058 (capital gain distributions of RICs), bachelor at IRS.gov/irb/2015-24_IRB#Not-2015-41; and Rev. Rul. 2005-31, 2005-21 I.R.B. 1084 (limitations applicative to dividends received from RICs), available at IRS.gov/irb/2005-21_IRB#RR-2005-31. .

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 by and large a dividend from a REIT received during the tax twelvemonth that is non a capital proceeds dividend or a qualified dividend. Yet, a qualified REIT dividend does not include any REIT dividend received with respect to whatever share of REIT stock that is held for 45 days or less during the 91-day period beginning on the appointment 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 tending of the stock, but do not include the day the recipient acquired the stock or sure days during which the recipient'southward gamble 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.

Section 199A dividends.

A RIC that receives qualified REIT dividends in a tax yr may generally pay department 199A dividends for that year, which certain shareholders of the RIC that meet holding catamenia 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 revenue enhancement year is express to the corporeality 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 property menses requirements.

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 appointment in such a month, the dividends are treated equally paid past the RIC or REIT and received by the recipients on December 31 of such year as long every bit 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. Encounter sections 852(b)(7) and 857(b)(nine) for RICs and REITs, respectively.

If a dividend paid in January is bailiwick to fill-in withholding, withhold when the dividend is actually paid. Therefore, backup withhold in Jan, deposit the withholding when appropriate, and reflect information technology on Class 945, Annual Return of Withheld Federal Income Tax, for the year withheld. Nevertheless, because the dividend is reportable on Form 1099-DIV for the prior year, the related fill-in withholding is also reportable on the prior year Grade 1099-DIV.

Qualified small-scale business stock—RICs.

Under section 1202, a l% exclusion may be immune on the gain from the sale or exchange of qualified small business stock issued later on Baronial 10, 1993, and held for more than than v years. A 60% exclusion may be immune if the stock is empowerment zone business concern stock caused after December 21, 2000, simply non on gain attributable to periods after December 31, 2018. For qualified small concern stock acquired later February 17, 2009, and earlier September 28, 2010, the exclusion is 75%. For qualified small business concern stock acquired afterward September 27, 2010, and before January 1, 2014, the exclusion is 100%. For purposes of the 75% and 100% exclusions, the conquering appointment shall be the beginning 24-hour interval on which the stock was held past the taxpayer determined after the awarding of section 1223.

If any office of the capital gain distribution reported in box 2a may qualify for this exclusion (taking into consideration the recipient's property period), report the gain in box 2c, and furnish the recipient a statement that reports separately for each designated section 1202 gain the:

  • Proper noun of the corporation that issued the stock that was sold,

  • Appointment(southward) on which the RIC acquired the stock,

  • Appointment sold,

  • Recipient's office of the sales cost,

  • Recipient's part of the RIC'south basis in the stock, and

  • Corporeality of the recipient's section 1202 gain and the exclusion percent.

Tax credit bonds.

If a RIC or REIT holds any taxation credit bonds, any bond tax credit allowed to the RIC or REIT nether section 54A or 54AA on the bail is included in the RIC'due south or REIT's gross income as involvement. Run into 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#Non-2009-15. RICs can make an election to distribute any bond revenue enhancement credits allowed under sections 54A and 54AA to its shareholders or beneficiaries. See department 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 written 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.

Section 897 gain.

If a RIC described in department 897(h)(four)(A)(ii) or a REIT disposes of a USRPI at a gain, whatever distributions made to the extent attributable to such gain shall be treated equally 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, study that proceeds in box 2e and box 2f, respectively.

Come across department 897 for the definition of USRPI and the exceptions to the expect-through rule.

Note.

Only RICs and REITs should complete boxes 2e and 2f. Boxes 2e and 2f exercise non need to exist completed for recipients that are U.South. individuals.

Restricted Stock

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

Widely Held Stock-still Investment Trusts (WHFITs)

Trustees and middlemen must study the gross corporeality of dividend income attributable to a trust income holder (TIH) in the appropriate box on Class 1099-DIV if that amount exceeds $ten. If the trustee or middleman provides WHFIT information using the safe harbor rules in Regulations section 1.671-five(f)(1) or (g)(ane), the trustee or middleman must decide the amounts reported on all Forms 1099 under department 1.671-5(f)(ii) or (g)(two), as advisable.

Due engagement 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 agenda twelvemonth 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 yr is due on or before March 15th of the subsequent year. The corporeality of an item of trust expense that is attributable to a TIH must be included on the taxation data statement provided to the TIH and is not required to be included in box six on the Grade 1099-DIV.

For more filing requirements, see the current General Instructions for Sure Data Returns.

Statements to Recipients

If you are required to file Course 1099-DIV, you must provide a argument to the recipient. For information most the requirement to replenish statements to recipients, see part M in the current General Instructions for Sure Information Returns.

Truncating recipient'southward Tin on payee statements.

Pursuant to Regulations department 301.6109-4, all filers of this form may truncate a recipient's Tin can (social security number (SSN), individual taxpayer identification number (ITIN), adoption taxpayer identification number (ATIN), or employer identification number (EIN)) on payee statements. Truncation is non allowed on whatever documents the filer files with the IRS. A payer'due south Can may not exist truncated on any class. See role J in the current General Instructions for Sure Data Returns.

2d TIN Not.

You lot may enter an "Ten" in this box if yous were notified by the IRS twice within 3 calendar years that the payee provided an incorrect Tin. If you lot marking this box, the IRS will non transport you whatever further notices virtually this account.

Still, if you received both IRS notices in the same year, or if yous received them in different years but they both related to information returns filed for the same year, do not cheque the box at this fourth dimension. For purposes of the two-notices-in-3-years rule, y'all are considered to take received one notice and you are not required to ship a 2d "B" discover to the taxpayer on receipt of the 2d notice. Come across part N in the current General Instructions for Certain Data Returns for more information.

. This is an Image: taxtip.gif For information on the Tin Matching Organization offered by the IRS, see Items Y'all Should Note in the current Full general Instructions for Certain Information Returns. .

Business relationship Number

The account number is required if you lot have multiple accounts for a recipient for whom you are filing more than one Form 1099-DIV. The business relationship number is too required if you check box 11, FATCA filing requirement. Run across Box 11 , afterwards. Additionally, the IRS encourages you to designate an account number for all Forms 1099-DIV that yous file. Meet part Fifty in the current General Instructions for Certain Information Returns.

Box 1a. Full Ordinary Dividends

Enter dividends, including dividends from coin market funds, cyberspace curt-term capital gains from mutual funds, and other distributions on stock. Include reinvested dividends and department 404(k) dividends paid straight from the corporation. Box 1a includes amounts entered in boxes 1b and 2e and it also includes the corporeality of the recipient's share of investment expenses that you report in box 6.

. This is an Image: caution.gif An S corporation reports as dividends on Class 1099-DIV only distributions made during the taxation year out of accumulated earnings and profits. See department 1368 for more data. .

Box 1b. Qualified Dividends

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

Y'all must report a dividend paid past a foreign corporation according to the guidance provided in Find 2003-79, 2003-50 I.R.B. 1206, available at
IRS.gov/irb/2003-50_IRB#NOT-2003-79, and Observe 2004-71, 2004-45 I.R.B. 793, bachelor at IRS.gov/irb/2004-45_IRB#NOT-2004-71, which incorporate the rules for reporting the dividend for tax years 2003 and 2004. These rules are extended for 2005 and subsequent revenue enhancement years by Notice 2006-iii, 2006-iii I.R.B. 306, available at IRS.gov/irb/2006-03_IRB#NOT-2006-3.

. This is an Image: caution.gif Qualified dividends cannot be less than zero. Do not include an amount less than zero in box 1b. .

Box 2a. Total Capital Proceeds Distr.

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

. This is an Image: taxtip.gif For more information about reporting amounts in boxes 2b, 2c, 2d, and 2f, run across section 1(h). .

Box 2b. Unrecap. Sec. 1250 Gain

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

Box 2c. Department 1202 Gain

Enter whatever corporeality included in box 2a that is a department 1202 gain from sure qualified small business concern stock. Meet Qualified small business concern stock—RICs , earlier.

Box second. Collectibles (28%) Gain

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

Box 2e. Section 897 Ordinary Dividends

Enter any amount included in box 1a that is section 897 gain from dispositions of USRPI. Come across Section 897 proceeds , before.

Box 2f. Section 897 Capital Gain

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

Note.

Only RICs and REITs should consummate boxes 2e and 2f. Boxes 2e and 2f do non demand to be completed for recipients that are U.S. individuals.

Box 3. Nondividend Distributions

Enter nondividend distributions, if determinable.

. This is an Image: taxtip.gif File Form 5452 if y'all are a corporation and paid nondividend distributions to shareholders. .

Box four. Federal Income Tax Withheld

Enter backup withholding. Recipients who take not furnished their TINs to y'all in the fashion required are subject to fill-in withholding on sure dividend payments reported on this form. Use Grade Westward-9 to request the Can of the recipient. For strange recipients, apply the applicable Class Due west-8. See the Instructions for the Requester of Forms West-8BEN, Westward-8ECI, Due west-8EXP, and Due west-8IMY.

For more information on fill-in withholding, including the applicable charge per unit, see part Due north in the current General Instructions for Sure Information Returns.

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 decide whether the recipient has met the holding menses requirement described in Regulations section 1.199A-3(c)(2)(ii). See Qualified REIT dividends , earlier.

Box 6. Investment Expenses

Enter the recipient'due south pro rata share of sure amounts deductible past a nonpublicly offered RIC in computing its taxable income. This amount is includible in the recipient'south gross income under section 67(c) and must too be included in box 1a. Do not include whatsoever investment expenses in box 1b.

Box 7. Foreign Revenue enhancement Paid

Enter foreign revenue enhancement 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.

Box viii. Foreign Country or U.Southward. Possession

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

RICs—Special reporting instructions.

Do not consummate box viii. Under Regulations section 1.853-4, country-past-country reporting to shareholders for the amount reported in box 7 is not required. The requirement to file a split statement to the IRS has been modified to require filing a argument that elects the application of section 853 for the tax year with the render for the revenue enhancement twelvemonth. See Regulations section 1.853-iv for more information. Practise non send the argument with the Forms 1096 and 1099.

. This is an Image: caution.gif Boxes 9 and 10 utilize only to corporations in partial or consummate liquidation. Do not include these amounts in box 1a or 1b. .

Box 9. Cash Liquidation Distributions

Enter cash distributed as part of a liquidation.

Box ten. Noncash Liquidation Distributions

Enter noncash distributions made as office of a liquidation. Show the off-white market value as of the date of distribution.

Box xi. FATCA Filing Requirement

Check the box if you are a U.South. payer that is reporting on Form(s) 1099 (including reporting distributions in boxes ane through 3 and ix, x, 12, and xiii on this Form 1099-DIV) as function of satisfying your requirement to study with respect to a U.Due south. account for the purposes of affiliate 4 of the Internal Revenue Lawmaking, as described in Regulations section 1.1471-4(d)(2)(three)(A). In addition, cheque the box if you are a foreign financial institution (FFI) reporting payments to a U.South. account pursuant to an ballot described in Regulations section ane.1471-4(d)(v)(i)(A).

Box 12. Exempt-Interest Dividends

Enter exempt-interest dividends from a mutual fund or other RIC. Include specified private activity bail involvement dividends in box 13 and in the total for box 12. Run into the instructions for box 13 side by side.

Box 13. Specified Individual Activity Bond Involvement 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. By and large, "specified private action bond" means any private action bail defined in section 141 and issued after August 7, 1986. Encounter department 57(a)(5) for more than details.

Boxes 14–xvi. State Information

These boxes, and Copies one and ii, are provided for your convenience only and need not be completed for the IRS. If you lot withheld land income taxes on this payment, employ the state data boxes to report payments for up to 2 states. Keep the information for each state separated by the dashed line in each box. In box 14, enter the abbreviated proper noun of the state. In box 15, enter the payer'southward state identification number. The state number is the payer's identification number assigned by the individual state. Enter in box 16 the state income tax withheld on this payment.

If a state taxation department requires that you ship them a newspaper copy of this course, use Re-create i to provide information to the country tax department. Requite Copy two to the recipient for use in filing the recipient's state income revenue enhancement return.