Interest/Dividends/Other Types of Income > 1099-DIV Dividend Income

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Frequently Asked Tax Questions

Interest/Dividends/Other Types of Income - 1099-DIV Dividend Income

Rev. date: 1/1/2011

How do I report this 1099-DIV from my mutual fund?

Capital Gains and Losses
Dividend
Dividends and Distributions (Info Copy Only)
Mutual Fund

Enter the ordinary dividends from Form 1099-DIV (PDF), box 1a, on line 9a of Form 1040 (PDF), U.S. Individual Income Tax Return.
Enter any qualified dividends from Form 1099-DIV, box 1b, on line 9b of Form 1040.
If you have an amount entered in other boxes of your 1099-DIV refer to Form 1040, Schedule D Instructions (PDF) to see where to report them.
If your only capital gains and losses are from capital gain distributions, refer to Form 1040 Instructions (PDF).

Rev. date: 1/1/2011

I received dividends from my credit union. How do I report this income?

Dividend
Interest Income
Interest Income (Info Copy Only)

Certain distributions commonly referred to as dividends are actually interest:

They include "dividends" on deposits or share accounts in cooperative banks, credit unions, domestic savings and loan associations, and mutual savings banks.
Interest income can be reported on Form 1040 (PDF), Form 1040A (PDF), or Form 1040EZ (PDF).
If your taxable interest income is more than $1,500, be sure to show that income on Form 1040, Schedule B (PDF). You cannot file Form 1040EZ if your interest income is more than $1,500.

Additional Information

Publication 550 Investment Income and Expenses

Rev. date: 1/1/2011

Is a Permanent Fund Dividend or a Resource Rebate Payment Received by a Resident of Alaska Taxable?

Alaska Permanent Fund Dividends and Resource Rebate payments are taxable to either an adult or a child recipient and must be reported on a Federal income tax return.

See A Reminder to Alaskans for more details.

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