IMPORTANT TAX FORM DATES

Tax documents for your accounts will begin generating in mid-January.

Delayed 1099 Forms

In an effort to limit the number of corrected 1099 Forms typically mailed each year the IRS has granted an extension for the initial mailing of these tax documents. As a result, National Financial Services (NFS) has until March 6 to mail your form.

  • Your Form 1099 will reflect the most up-to-date and accurate accounting of your investment income for tax filing purposes. It is not uncommon for some ordinary dividends to be reclassified as capital gains or qualified dividends at a later date. Sending the Form 1099 later may prevent some filers from having to refile because they receive a corrected Form 1099.
  • Your chance of receiving two 1099s—one original and a corrected one later on—will be reduced. This should help ensure that you will not have to refile your tax return.

Accessing Your Tax Form

If you are enrolled in e-notification, you will receive an email notifying you that your tax forms are ready to view. If you are not enrolled in e-notification, your form will be mailed within five business days of online posting.

In both cases, once issued, you may access an electronic version of your tax forms, (click here for a video tutorial), in Investor360°® under Statements & Documents > Tax Reporting > Most Recent.

Tax Form Mailing Dates

Our partner, National Financial Services (NFS), will post and mail consolidated 1099 tax forms in four waves, outlined in the table below. The dates below are when your tax form will be available in Investor360°. They will be mailed five to seven days after they are posted online. To view your tax forms sooner, sign up for Investor360° here.

Tax FormsDescriptionAvailable Online (on or before)
1099-Q (529 accounts)Distributions from college savings accounts.January 12, 2024
Retirement Tax Forms 5498Year-end market values of contributions to retirement accountJanuary 19, 2024
Retirement Tax Forms 1099-RDistributions from retirement accountsJanuary 19, 2024
Consolidated 1099s: First MailingNon-retirement accounts with holdings whose income doesn’t require reclassification or additional information from issuers (Generally, this includes accounts holding options, certain equities, and fixed income securities.)January 20, 2024
Consolidated 1099s: Second MailingEquities and fixed income securities, closed-end funds, and non-Fidelity mutual funds where issuer provided final tax information after first mailing; second mailing includes information-only 1099s issued for exempt accounts, including nonprototype and corporate accountsFebruary 10, 2024
1099: Info-Only (Corporate and Nonprototype Accounts)Supplemental tax reporting information for corporate and eligible exempt accounts; details aren’t reported to IRSFebruary 10, 2024
1099: Preliminary Tax StatementsPoint-in-time snapshot of reporting activity for customers slated for a later mailing; includes symbols/CUSIPs for positions that lack final tax information as of February 15, 2023 (This is online only, is not reported to the IRS, and should not be used for tax reporting purposes.)February 10, 2024 (online only)
Consolidated 1099s: Third MailingAccounts holding unit investment and real estate investment trusts (UITs and REITs)February 24, 2024
Consolidated 1099s: Fourth MailingAccounts holding UITs and REITs for which final tax information was delayed from issuer and mortgage-backed securities for which final tax information has been received from issueMarch 6, 2024

Please note: In instances when tax reporting for an account occurs during the extension period, NFS will provide an online preliminary tax statement starting on February 10. This is viewable only in Investor360° and will provide a single view of current tax information to help you determine early tax liability.