Instructions for Form 1099-DIV - Introductory Material
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
Exempt-interest dividends.
Section 502 of the Tax Increase Prevention and Reconciliation Act of 2005 has changed section 6049(b) by requiring
the reporting of interest on
state or local bonds that are tax-exempt under section 103(a). After December 31, 2005, exempt-interest dividends from regulated
investment companies
will be reported on Form 1099-INT, Interest Income.
In addition to these specific instructions, you should also use the 2006 General Instructions for Forms 1099, 1098, 5498,
and W-2G. Those general
instructions include information about:
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Backup withholding
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Magnetic media and electronic reporting requirements
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Penalties
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Who must file (nominee/middleman)
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When and where to file
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Taxpayer identification numbers
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Statements to recipients
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Corrected and void returns
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Other general topics
You can get the general instructions from the IRS website at
www.irs.gov or by calling 1-800-TAX-FORM (1-800-829-3676).
