Depending on the holdings in your
account, the custodian will begin mailing Forms 1099
on January 31, 2015. 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:
-
February 17, 2015 – For
accounts with previously pending income reclassifications from
issuers of mutual funds, certain unit investment trusts (UITs),
real estate investments trusts (REITs) and certain equities.
Generally, this includes accounts holding mutual funds with high
incidences of reclassification. Account holders in this
category will receive a pending 1099 notice when issuers of taxable
income are unable to provide final tax information
before February 17. In addition, this pending
notice will identify the holdings impacting the mail date for your
1099 and provide the anticipated delivery date.
-
February 28, 2015 – Form 1099
mailing will occur for accounts with previously pending income
reclassifications from issuers of mutual funds, REITs and certain
equities because the issuer has provided final tax
information.