Form 1099-DIV is used by banks and other financial institutions to report $10 or more in dividends and other distributions to taxpayers and to the IRS.
Note that some accounts may be considered exempt based on their US tax classification. (e.g. Corporation).
Deadlines
See below for the deadlines relevant to the Form 1099-DIV:
- January 31st is the last day to deliver forms to recipients
- March 31st is the last day to submit filings
If a deadline falls on a weekend or holiday, it will be extended to the next business day. A 30-day extension is generally available for both of the deadlines above.
Resources
Please see the Form 1099-DIV – IRS Form & Instructions for official IRS information.
Please refer to the 1099-DIV - Data Requirements guide for detailed data requirements.
Below are the applicable CSV Ingestion Templates:
- Account Owner/Account CSV Template
- Transactions CSV Template
- 1099-DIV Form Data CSV Template – Only required if not sending transactions
A sample form is also attached to the bottom of this article for your reference.