What form is used to report dividend income?

The correct form used to report dividend income is Form 1099-DIV. This form is specifically designed for reporting dividends and distributions paid to shareholders by corporations and mutual funds. It includes essential information such as the amount of dividends paid, qualified dividends that may be taxed at a lower rate, and other related distributions, allowing taxpayers to accurately report their income on their tax returns.

Other forms mentioned serve different purposes. Form 1040 is used as an individual income tax return and does not specifically detail dividend income. Form W-2 is issued by employers to report wages, salaries, and other compensation paid to employees, while Form 1099-INT is used to report interest income, rather than dividend income. Thus, the clarity and applicability of Form 1099-DIV make it the appropriate choice for reporting dividend income.