Each year, Primerica Shareholder Services will mail tax forms to shareholders confirming
the information reported to the Internal Revenue Service for the
tax reporting period. The chart below provides a general description
of the forms we provide.
| Form |
Why is it generated? |
|
1099-D
(Also known as 1099-Div)
|
Generated on non-retirement accounts that have declared
dividends and/or capital gains reinvested or paid in cash.
|
|
|
1099-INT
|
Generated on non-retirement Municipal Bond funds to report
the tax-exempt portion of the declared dividends and/or
capital gains reinvested or paid in cash.
|
|
|
1099-B
|
Generated on non-retirement accounts that have had shares
redeemed or exchanged during the tax reporting period.
|
|
Average Cost Basis
Statement
|
Mailed out with the 1099-B tax forms
|
|
|
1099-R
|
Generated on retirement accounts that have had distributions
during the tax reporting period.
Note: Coverdell ESA distributions are not
reported on this tax form.
|
|
|
5498
|
Generated when contributions or rollovers have been received
in retirement accounts during the tax reporting period.
Note: Coverdell ESA contributions and rollovers are not
reported on this tax form
|
|
|
1099-Q
|
Generated for Coverdell Educations Savings Accounts (ESA)
that had distributions during the tax reporting period.
|
|
|
5498-ESA
|
Generated for Coverdell Educations Savings Accounts (ESA)
when contributions or rollovers have been received during
the tax reporting period.
|
|
|
1042-S
|
Generated on accounts owned by non-resident aliens
when taxes are withheld from dividends and capital gains
reinvested or paid in cash.
|
|
| Form |
When is it sent out? |
Is the form required for filing my taxes?* |
|
|
1099-D
|
Mailed no later than
February 15 of each year.
|
Income reported on a 1099-DIV should be included with
your income tax reporting.
|
|
|
1099-INT
|
Mailed no later than
February 15 of each year.
|
Tax-exempt income reported on a 1099-DIV should be
included in your income tax reporting.
|
|
|
1099-B
|
Mailed no later than
February 15 of each year.
|
Any gains or losses experienced by the selling or exchanging
of shares should be included with your income tax reporting.
|
|
Average Cost Basis
Statement
|
Mailed no later than
January 31 of each year.
|
This statement will provide the average cost basis for the
shares redeemed or exchanged from your account. This
will assist you in determining any gains or losses in the
sale of shares.
|
|
|
1099-R
|
Mailed no later than
January 31 of each year.
|
Distributions from retirement accounts may be subject
to income taxes or penalties and should be included with
your income tax reporting.
|
|
|
5498
|
Mailed no later than
May 31 of each year.
|
Contributions to your retirement accounts may be deductible,
non-deductible, or may offset distributions thus reducing
penalties or income taxes. Contributions or rollovers
should be included with your income tax reporting.
|
|
|
1099-Q
|
Mailed no later than
January 31 of each year.
|
Distributions from Coverdell ESAs may be subject to income
taxes or penalties and should be included with your
income tax reporting.
|
|
|
5498-ESA
|
Mailed no later than
April 30 of each year.
|
Contributions to your Coverdell ESA are not deductible or
may offset distributions thus reducing penalties or income
taxes. Contributions or rollovers should be included with
your income tax reporting.
|
|
|
1042-S
|
Mailed no later than
March 15 of each year.
|
Money withheld due to non-resident alien status may be used
to reduce income taxes in the shareholder’s country of citizenship
and should be included with income tax reporting.
|
|
* The information in this column is intended to be a general guideline. Shareholders should consult a tax professional regarding their specific tax filing requirements.
