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February 8, 2021
Question

I received a dividend check in 2020 from my disability insurance company, but didn't get a 1099-div form. Does this mean I don't need to report it on my taxes as income?

  • February 8, 2021
  • 1 reply
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1 reply

MaryM428
February 8, 2021

Dividends are generally not taxed as income to you. Instead, they are considered a return of your premium regardless of whether you receive them in cash, use them to purchase additional coverage, use them to reduce future premiums, or leave them invested with the insurance company.