Form Instruction 1099-B vs. Form 1099-div 2023-2024

Welcome to PDF Run! In this video, we'll guide you on how to fill out Form 1099-DIV. Form 1099-DIV, also known as Dividends and Distributions, is sent by financial institutions when investments in stocks pay dividends or mutual funds make capital gains distributions. It determines whether the dividends or distributions gains should be counted under a tax return or not. To begin filling out this document, click on the "Fill Online" button. This will redirect you to PDF Run's online editor. Before starting, please take note that this form has to be filled out in five separate copies. - Copy A: For the IRS - Copy 1: For the state tax department - Copy B: For the recipient - Copy 2: To be filed with the recipient's income tax return - Copy C: For the payer First, for the payer, enter the following details: - Full legal name - Full address (including the street, city or town, state or province, and ZIP or foreign postal code) - Phone number - Tax identification number (TIN) For the recipient, enter the following details: - TIN - Recipient's name - Street address - City or town - State or province - ZIP or foreign postal code For this, the Foreign Account Tax Compliance Act (FATCA) is a tax law that requires U.S. citizens, both in the U.S. and abroad, to file annual reports on any foreign account holdings. If the FATCA filing requirement is marked, you are then required to file an account report. Enter the account number that the payer assigned to distinguish your account. This can only be found on copies A and C. Please mark it if you were notified by the IRS twice within three calendar years that the taxpayer provided an incorrect TIN. Otherwise, you may leave it blank. - 1a: Enter the amount of total ordinary dividends. This includes your shares in a company,...