Why you might not receive Form 1099-DIV
And where to find your total distributions if you don't get the form.
You'll need at least $10 in earnings
You'll get a 1099-DIV each year you receive a dividend distribution, capital gains distribution, or foreign taxes paid for your taxable investments.
But if the amount is less than $10 for the year, no 1099-DIV is sent. This is particularly likely for money market funds because low interest rates have held their yields down.
But remember: You're still required to report that income to the IRS.
You'll only get it for certain account types
These accounts never generate a 1099-DIV:
- IRAs and other tax-deferred retirement accounts.
- Accounts registered to nonresident aliens, who receive Form 1042-S instead.
- Exempt registrations, such as corporations, money purchase pension plans, profit-sharing plans, certain types of trusts, and charities.
You can always find your distribution information online
Even if you don't receive a 1099-DIV, you can find the tax-reporting information you need online, anytime.