Skip to main content
Employee
March 21, 2019
Solved

Stocks

  • March 21, 2019
  • 1 reply
  • 0 views

Do I need to claim my 1099 DIV on my taxes if I don't sell any of stocks and I reinvest my dividends?

    Best answer by KarenL

    Yes, you do.  Since they are reported to you on a Form 1099-DIV, that is the same as you receiving the cash, then handing it back over to be invested.

    1 reply

    KarenL
    KarenLAnswer
    Employee
    March 21, 2019

    Yes, you do.  Since they are reported to you on a Form 1099-DIV, that is the same as you receiving the cash, then handing it back over to be invested.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"