1099-INTs and 1099-DIVs are usually sent to taxpayers beginning in early February

Mon, 01 March 2010

The 1099-INT is for interest earned and these usually come from your bank or broker.  The 1099-DIVs are for dividends and generally come with your broker statements.  If you receive a 1099-DIV, it is usually better to wait until mid-March or sometimes later to file your tax return since you may receive corrected forms.  This is common, particularly if you have mutual funds.  By waiting, you may save the bother and expense of filing a corrected return.  Please contact us if you have any questions.