American Funds®

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 70% 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 dividends that is eligible for the DRD. Funds not listed in the chart below did not have any dividends eligible for the DRD deduction.

Worksheet Instructions

For each fund owned, add the Year-to-date: Dividends shown in the Activity detail sections found in the American Funds Year-End Statement for all share classes owned (excluding share classes held in retirement or education savings accounts). Enter the result in the Total Dividends box below, and click Submit.

Fund Name Total Dividends
AMCAP Fund® $
American Balanced 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 Balanced Portfolio℠ $
American Funds Developing World Growth and Income Fund℠ $
American Funds Global Balanced Fund℠ $
American Funds Global Growth Portfolio℠ $
American Funds Growth and Income Portfolio℠ $
American Funds Growth Portfolio℠ $
American Funds Income Portfolio℠ $
American Funds Preservation Portfolio℠ $
American Funds Tax-Advantaged Income Portfolio℠ $
American High-Income Trust® $
American Mutual Fund® $
The Bond Fund of America® $
Capital Income Builder® $
Capital World Growth and Income Fund® $
Fundamental Investors® $
The Growth Fund of America® $
The Income Fund of America® $
The Investment Company of America® $
The New Economy Fund® $
New Perspective Fund® $
New World Fund® $
Washington Mutual Investors Fund℠ $

What You Will Need:

  • Your American Funds Year-End Statement
  • IRS Form 1120, Schedule C — call (800) 829-3676 to order, or download from the Forms & Publications section at www.irs.gov

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

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