It depends.
Money can't really be paid to a deceased person. It can be paid to their estate or perhaps a co-owner of the shares or a named beneficiary.
If the dividends were paid into the estate of the deceased spouse, then the estate should have its own Tax ID number and the income should be reported on the estate's tax return. The payer should be notified of the estate's tax id number and should be asked to reissue the 1099-DIV with the estate's tax id number.
If the dividends were paid to someone else, for example a co-owner or beneficiary, the co-owner or beneficiary that received the dividends should report them on their own tax return.
If a 1099-DIV was issued with the deceased person's SSN, the real technical answer is that the payer should be asked to reissue the 1099-DIV with the correct tax ID number (either that of the estate or that of the person who was entitled to receive the dividends). In practice, it can be difficult to get this done and this situation is handled more informally. If the amounts are large, the person handling the dividends should issue a new 1099-DIV naming the deceased as the payer and the person (or estate) that received the dividends as the payee. If the amounts are small, everybody who received the money just reports it on their own tax returns. A "large" amount would be one that would require the deceased person to file a tax return if they were still alive.
dividend paid by the company is exempt from tax u/s 115O, but dividend distribution tax should be paid by the company as per Income tax Act before dividend.According to the union budget 2007, the rate is 15%. Equity mutual funds (with more than 65% of assets invested in equities) do not pay a dividend distribution tax, though other funds do. Liquid and Money Market funds pay 25% dividend distribution tax.
You will receive a 1099-R from the trustee showing the distribution and any taxes withheld. You will report it as pension income on your 1040, and will owe income tax on the entire amount. If the distribution is deemed premature, you will also pay a 10% penalty tax.
No, you must amend your 2006 in order to report the W-2 earnings. The certain credits are based on your income, and therefore you must correctly identify which income belongs in a specific year.
You should be able to contact your local Social Security office and request your total disability income for 2007.
To receive the economic stimulus payment, you must have at least $3,000 of gross income for 2007.
Voya International High Dividend Equity Income Fund (IID)had its IPO in 2007.
Voya Asia Pacific High Dividend Equity Income Fund (IAE)had its IPO in 2007.
dividend paid by the company is exempt from tax u/s 115O, but dividend distribution tax should be paid by the company as per Income tax Act before dividend.According to the union budget 2007, the rate is 15%. Equity mutual funds (with more than 65% of assets invested in equities) do not pay a dividend distribution tax, though other funds do. Liquid and Money Market funds pay 25% dividend distribution tax.
Delaware Enhanced Global Dividend (DEX)had its IPO in 2007.
Alpine Total Dynamic Dividend Fund (AOD)had its IPO in 2007.
The Parker Report - 2007 was released on: USA: 2007
Nuveen Dividend Advantage Municipal Fund 3 (NZF) had its IPO in 2007.
Wells Fargo Advantage Global Dividend Opportunity Fund (EOD)had its IPO in 2007.
Global Report - 2007 was released on: USA: 1 January 2007 (Los Angeles, California)
Brodeck's Report was created in 2007.
McCoy Report was created in 2007.
The MMO Report was created in 2007.