Enter the ordinary dividends from Form 1099-DIV (PDF), box 1a, on line 9a of Form 1040 (PDF), U.S. Individual Income Tax Return. Enter any qualified dividends from Form 1099-DIV, box 1b, on line 9b of Form 1040. If you have an amount entered in other boxes of your 1099-DIV refer to Form 1040, Schedule D Instructions to see where to report them. If your only capital gains and losses are from capital gain distributions, refer to Form 1040 Instructions.

Certain distributions commonly referred to as dividends are actually interest. They include "dividends" on deposits or share accounts in cooperative banks, credit unions, domestic savings and loan associations, and mutual savings banks.

Interest income can be reported on Form 1040 (PDF), Form 1040A (PDF), or Form 1040EZ (PDF). If your taxable interest income is more than $1,500, be sure to show that income on Form 1040, Schedule B (PDF) or Form 1040A, Schedule 1 (PDF). You cannot file Form 1040EZ if your interest income is more than $1,500. Refer to Tax Topic 403, Interest Received, for additional information on interest income.

The Internal Revenue Service reminds Alaskans that the Alaska Permanent Fund Dividend and this year's Resource Rebate payment is taxable income for both adults and children, and must be reported on a Federal income for both adults and children, and must be reported on a Federal income tax return.

Because of the size of the Permanent Fund Dividend this year, every child under 18 who is a dependent will be required to file a tax return, and will be affected by the "kiddie tax" rules. Many older children may be affected as well.

See A Reminder to Alaskans for more details.