What happens if I receive Form 1099-DIV that includes income that needs to be reported by other taxpayers?
If you receive Form 1099-DIV that includes income attributable to other taxpayers with different taxpayer identification numbers, you will need to follow the IRS guidelines for “nominees.” Please refer to the 2009 Instructions for Form 1040, U.S. Individual Income Tax Return, Schedule B, Interest and Ordinary Dividends, and to IRS Publication 564, Mutual Fund Distributions, for more information. IRS forms, instructions and publications can be obtained free of charge by calling the IRS at (800) 829-1040. You may also view these materials on the IRS website.
