Corporate Dividends Received Deduction Worksheet

Corporate Dividends Received Deduction Worksheet

The Corporate Dividends Received Deduction (DRD) allows eligible U.S. corporations that receive dividends from other U.S. corporations to deduct 50% of the total U.S. corporate dividends received from their federal taxable income.

To be eligible for the DRD, the corporation must have held the shares on which the dividend was paid for at least 46 days during the 91-day period that began 45 days before the fund’s ex-dividend date (ex-date). The ex-date is the date on which the dividend is deducted from the fund’s per share net asset value. For purposes of the holding period, you may not count the day on which the shares were purchased or acquired by reinvesting dividends, but you may count the day the shares were sold.

This worksheet helps calculate the portion of each fund’s Total Ordinary Dividends that is eligible for the DRD. Funds not listed in the chart below did not have any dividends eligible for the DRD deduction.

2019 Worksheet Instructions

For each fund owned, compute the Total Ordinary Dividends received (for instructions, see Additional Information for Corporate Shareholders). Enter the result in the Total Ordinary Dividends box next to the fund’s name below, and click Submit.

Fund Name Total Ordinary Dividends
AMCAP Fund® $
American Balanced Fund® $
American Funds 2060 Target Date Retirement Fund® $
American Funds 2055 Target Date Retirement Fund® $
American Funds 2050 Target Date Retirement Fund® $
American Funds 2045 Target Date Retirement Fund® $
American Funds 2040 Target Date Retirement Fund® $
American Funds 2035 Target Date Retirement Fund® $
American Funds 2030 Target Date Retirement Fund® $
American Funds 2025 Target Date Retirement Fund® $
American Funds 2020 Target Date Retirement Fund® $
American Funds 2015 Target Date Retirement Fund® $
American Funds 2010 Target Date Retirement Fund® $
American Funds Conservative Growth and Income PortfolioSM $
American Funds Corporate Bond Fund® $
American Funds Developing World Growth and Income FundSM $
American Funds Global Balanced FundSM $
American Funds Global Growth PortfolioSM $
American Funds Global Insight FundSM $
American Funds Growth and Income PortfolioSM $
American Funds Growth PortfolioSM $
American Funds Moderate Growth and Income PortfolioSM $
American Funds Preservation PortfolioSM $
American Funds Retirement Income Portfolio — ConservativeSM $
American Funds Retirement Income Portfolio — EnhancedSM $
American Funds Retirement Income Portfolio — ModerateSM $
American Funds Tax-Aware Conservative Growth and Income PortfolioSM * $
American High-Income Trust® $
American Mutual Fund® $
The Bond Fund of America® $
Capital Income Builder® $
Capital World Bond Fund® $
Capital World Growth and Income Fund® $
EuroPacific Growth Fund® $
Fundamental Investors® $
The Growth Fund of America® $
The Income Fund of America® $
Intermediate Bond Fund of America® $
International Growth and Income FundSM $
The Investment Company of America® $
The New Economy Fund® $
New Perspective Fund® $
New World Fund® $
Washington Mutual Investors FundSM $

What You Will Need:


*American Funds Tax-Advantaged Growth and Income PortfolioSM has been renamed, effective 1/1/20, to American Funds Tax-Aware Conservative Growth and Income PortfolioSM.

To determine your individual tax situation, please consult your tax advisor.