Skip to main content
February 25, 2025
Question

Creating a 1099-INT or DIV for nominee income

  • February 25, 2025
  • 1 reply
  • 0 views

The form asks for a business name; however, I am using this function to allocate dividend and interest to my ex-wife in the year of our divorce.  What do I do as far as 'business name'?

    1 reply

    PatriciaV
    February 25, 2025

    For a nominee Form 1099-INT, business name (Payer Name) in this case is you. Your ex-wife is the Recipient.

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