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2013 Form 1099 Mailing & Tax Filing

January 27, 2014

Depending on the holdings in your account, the custodian will begin mailing Forms 1099 on January 31, 2014.  Based on the holdings in the account it is possible that 1099s may be revised. Therefore, anyone with a taxable investment account should be patient in filing their tax return and wait until March to ensure the final 1099 has been received.

Please refer to the information below for additional details:

•    Phase One: January 31, 2014 – Form 1099 will be mailed for accounts with no pending income reclassifications from issuers. Generally, this includes accounts holding simple debt or equity – only investments.

•    Phase Two: February 18, 2014 – Form 1099 will be mailed for accounts which income reclassifications were received after January 31.  If you hold positions for which issuers have not provided final tax information, you will receive a special Pending 1099 Notice, which will identify the holdings impacting the mail date for your Form 1099 and the anticipated mail date of your Form 1099.  If you have already received your Form 1099, you will not receive this notice.

•    Phase Three: February 28, 2014 – Form 1099 will be mailed for accounts for which income reclassifications were received after February 18.  Generally, this includes mutual funds, unit investment trusts (UITs), real estate investment trusts (REITs) and certain equities.

 •    Phase Four: March 17, 2014 – Form 1099 will be mailed for all remaining accounts, including those holding certain complex, non-equity securities, such as real estate mortgage investment conduits (REMICs), widely held fixed investment trusts (WHFITs) and some UITs.

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