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Old 02-04-2010, 07:53 PM
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IRA Account & Dividends

This probably is a stupid question. Does an IRA stock account, not receive, or not require 1099-DIV tax papers? The stocks that pay the dividends, deposited them directly into my IRA stock account.

I never received any 1099-div from my stock broker, but did receive my 1099-R rollover tax paper. I just want to make sure.



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Old 02-04-2010, 11:01 PM
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All Transactions in an IRA accounts are generally not reportable transactions and account holders would not receive a 1099-Div or 1099-G's! So, no action is required on your part.

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Last edited by TaxGuru : 02-05-2010 at 12:23 PM.


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