CIO Insights - Ivy Roundtable Discussion
Dan Hanson, CFA, Chief Investment Officer, recently sat down with key members of the Ivy Investments team to discuss the economic and market implications of the COVID-19 outbreak.
Click on the form types below to find specific information related to each individual tax form as well as answers to frequently asked questions.
|Required Mail Date||Form||Definition|
|February 15th||Form 1099-DIV||Form 1099-DIV is sent to most non-retirement account owners who received a taxable dividend, exempt-interest dividend or capital gain distribution.|
|Form 1099-B||Form 1099-B is sent to most non-retirement account owners who sold and/or exchanged shares of a fund (other than a money market fund).|
|January 31st||Form 1099-R||Form 1099-R is sent to most retirement account owners who took a distribution from their account.|
|Form 1099-Q||Reports distributions from qualified educations programs, including Coverdell Education Savings accounts and state tuition programs.|
|End of February||Form 1099-DIV & Form 1099-B||
The Ivy Global Real Estate, Ivy Global Risk-Managed Real Estate and Ivy Real Estate Securities Funds will not mail tax form statements (1099-DIV and 1099-B) until the end of February. Ivy Global Real Estate, Ivy Global Risk-Managed Real Estate and Ivy Real Estate Securities Funds invest predominantly in real estate investment trusts (REITs), as defined under Internal Revenue Code Section 856. Although Ivy Global Real Estate, Ivy Global Risk-Managed Real Estate and Ivy Real Estate Securities Funds will identify the total amount of distributions received from the REITs during the tax year, the Funds cannot identify the tax character of these distributions until at least January 31st of the following year, when the form 1099 information is received from the REITs in which the Funds are invested.
Please note that, in order to address the special nature of these Funds, Ivy Global Real Estate, Ivy Global Risk-Managed Real Estate and Ivy Real Estate Securities Funds obtain an extension of the standard date from the Internal Revenue Service each year.
|March 15th||Form 1042S||Reports taxable dividends and income tax withheld on accounts owned by nonresident aliens.|
|April 30th||Form 5498-ESA||Reports contributions and rollovers to Coverdell Education Savings Accounts.|
|May 31st||Form 5498||Form 5498 is sent to Traditional, Roth, SEP and Simple IRA owners who made contributions to their accounts.|
If you have any questions or you do not receive the appropriate tax forms, please contact a client service representative at 1-800-777-6472 Monday through Friday from 7:30 a.m. to 7:00 p.m. CST.
The tax information in this section of the website is for informational purposes only. It is not intended, and should not be construed, as a recommendation, or legal, tax, or investment advice. You should consult your tax advisor to answer questions about your specific situation or needs.