Get the free Form 1099-DIV

This document provides essential tax information related to the distributions received or reinvested by investors in the Lazard Funds, Inc. for the year 2012. It includes insights on ordinary dividends,

How to fill out form 1099-div

How to fill out Form 1099-DIV

1. Gather necessary information: Collect details about the taxpayer and the recipient, including names, addresses, and tax identification numbers (TINs).
2. Fill out payer information: Enter your information, including name, address, and TIN, in the appropriate boxes at the top of the form.
3. Fill out recipient information: Enter the recipient's information in the designated boxes, including their name, address, and TIN.
4. Report dividends: Indicate the total ordinary dividends paid in Box 1a, qualified dividends in Box 1b, and any capital gain distributions in Box 2a.
5. Include any federal income tax withheld: If applicable, report any federal tax withheld in Box 4.
6. Review for accuracy: Ensure all information is correct and complete, including amounts and identification numbers.
7. File with the IRS: Submit Form 1099-DIV to the IRS by the deadline, which is usually the end of February for paper filings and March for electronic submissions.
8. Provide a copy to the recipient: Ensure that the recipient receives their copy of Form 1099-DIV by the deadline, typically January 31.

Who needs Form 1099-DIV?

1. Any individual or business that pays dividends to shareholders, including corporations, partnerships, and investment funds, is required to file Form 1099-DIV.
2. Recipients of dividends who receive $10 or more in dividends during the year will typically receive this form.

People Also Ask about

Who fills out 1099-div?

More In Forms and Instructions Form 1099-DIV is used by banks and other financial institutions to report dividends and other distributions to taxpayers and to the IRS.

What form is 1099-Div?

You must file Form 1099-DIV (with a Form 1096) with the IRS for each of the other owners to show their share of the income, and you must furnish a Form 1099-DIV to each. A spouse is not required to file a nominee return to show amounts owned by the other spouse.

What happens if you don't file 1099-div?

If you receive a Form 1099-DIV and do not report the dividends on your tax return, the IRS will likely send you a CP2000, Underreported Income notice. This IRS notice will propose additional tax, penalties and interest on your dividends and any other unreported income.

Which dividends are tax-exempt?

Nontaxable dividends are dividends from a mutual fund or some other regulated investment company that are not subject to taxes. Such funds are often not taxed because they invest in municipal or other tax-exempt securities.

For pdfFiller’s FAQs

What is Form 1099-DIV?

Form 1099-DIV is a tax form used to report dividends and other distributions to shareholders and investors.

Who is required to file Form 1099-DIV?

Any entity or individual that pays dividends or other distributions totaling $10 or more to a shareholder in a tax year is required to file Form 1099-DIV.

How to fill out Form 1099-DIV?

To fill out Form 1099-DIV, you need to provide the recipient's information, report total dividends, qualified dividends, and other relevant distributions in the specified boxes, and include your business information.

What is the purpose of Form 1099-DIV?

The purpose of Form 1099-DIV is to inform the IRS and the taxpayer about dividends received, enabling proper tax reporting.

What information must be reported on Form 1099-DIV?

Form 1099-DIV must report the recipient's name, address, taxpayer identification number, total ordinary dividends, qualified dividends, total capital gain distributions, and any federal tax withheld.