The IRS tax Form 1099- DIV will be used by the banks and other financial institutions to report their dividends and other distributions to the IRS and the taxpayers. The investors can receive multiple 1099- DIV Forms and should report all of them to the IRS.  About Form 1099-DIV, Dividends and Distributions Who receives Form 1099- DIV? The common reason for receiving Form 1099- DIV is that some of the stocks that we own pay dividends. Sometimes,...

Form 1099s are IRS tax forms that are used by the citizens of the United States to report their income other than wages to the Internal Revenue Service. The 1099 Forms are used to report wages and tips and there are many variants of 1099 Forms issued by the IRS department. The deadline for most of the 1099 Forms is January 31st of the tax year. Of all the IRS Forms, the 1099-MISC and 1099-NEC Forms are...

Form 1099-H is an important IRS Form that is used to report different non-employee transactions and payments. This IRS Form is used to report advanced payments, health insurance payments, and benefits-eligible trade adjustment assistance. This Form is also used to report pension benefit guarantee corporation, alternative TAA, re-employment TAA that benefits both payees and their qualifying family members.  Who should use Form 1099- H? The Recipient of TAA, RTAA, ATAA, PBGC benefits are eligible to avail of...