United Microelectronics Corp (ADR) (UMC) Description. An independent semiconductor foundries whose primary business is the manufacture, or 'fabrication', of semiconductors, sometimes called 'chips' or 'integrated circuits', for others. Website: http://www.umc.com/.
The 1099-DIV is the tax form that you receive from each company that sends you dividends (or with whom youâve started a DRIP plan) if it paid you $10 or more in dividends or withheld any taxes from your dividends (or if the company was liquidated and you received a liquidating distribution).
It's much like reporting interest from a savings account -- a one line entry. You report the dividends you receive on Schedule B, which is used to record interest and dividend income, but only if you receive more than $400 worth in one year.Otherwise, you simply report dividend income on your main 1040 tax form.t's much like reporting interest from a savings account -- a one line entry. You report the dividends you receive on Schedule B, which is used to record interest and dividend income, but only if you receive more than $400 worth in one year.