Question:
How would the cash dividends be reported on 1099-DIV (Ordinary dividend or Qualified dividend) when cash dividends, declared by a domestic company, are from the stocks in an IRA account?
You still get the 1099, but you don't include them on your tax return. The 1099 may show that the dividends were paid into an IRA.
They don't send out 1099's on IRA's. They send you an annual recap that shows how the fund faired during the past year.
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