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Answer: Enter the ordinary dividends from box 1a on Form 1099-DIV, Dividends and Distributions on line 3b of Form 1040, U.S. Individual Income Tax Return, Form 1040-SR, U.S. Tax Return for Seniors or Form 1040-NR, U.S. Nonresident Alien Income Tax Return.
Where Do I Report Exempt-Interest Dividends? You report the total of your exempt-interest dividends for the year on line 2a of your Form 1040. The amount you received will appear in box 12 of the Form 1099-DIV you received from the fund provider. You will not owe federal taxes on this money.
Nontaxable dividends are dividends from a mutual fund or some other regulated investment company that are not subject to taxes. These funds are often not taxed because they invest in municipal or other tax-exempt securities.
tax-exempt interest income interest income that is not subject to income tax. Tax-exempt interest income is earned from bonds issued by states, cities, or counties and the District of Columbia.
Form 1099-DIV is used by banks and other financial institutions to report dividends and other distributions to taxpayers and to the IRS.
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People also ask

1099-DIV, which reports dividend income and capital gains distributions. 1099-INT, which reports interest income. 1099-R, which reports distributions from retirement accounts.
In the Dividends and Distributions section of your Form 1099, you may have a value in Box 12: Exempt-interest dividends. This value represents dividends received from ETFs like MUB, which hold a broad range of U.S. municipal bonds that pay federal tax-exempt dividends.
1099-DIV: Dividend income You received a 1099-DIV to let you know how much dividend income you received in the last calendar year. California does not have a lower rate for qualified dividends. All dividends are taxed as ordinary income.

2020 form 1099 div