Individuals & Families

Resources & Education

Tax Information

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The information below will help Janney clients plan for the preparation of 2016 taxes.

Important Tax Form Information for Janney Clients: Tax Year 2016

​The schedule below provides mailing dates for the tax forms and documents that Janney sends to clients annually. These tax forms will also be available online for clients who are registered for Janney’s online account access. Tax Table 2017 Altered.PNG

*The IRS changed the deadline for delivering most IRS 1099 Forms from January 31 to February 15. When a deadline falls on a weekend, the mailing deadline is moved to the next business day. As in the past, we expect to receive a 30-day extension from the IRS to March 17, 2017 based on this year’s February 15, 2017 deadline.

** When a deadline falls on a weekend, the mailing deadline is moved to the next business day. The mailing date for 2017 has been moved to May 1, 2017 due to April 30, 2017 falling on a weekend.

1099’s Held Back for Accounts Holding Some Securities

Janney has implemented a process to decrease the issuance of corrected 1099 Consolidated tax forms and ensure initial tax form accuracy. Applicable accounts are put on a “holdback list,” which signifies they will receive their initial 1099 in early March. Accounts are put on the holdback list if during the tax year they held particular securities which traditionally report late or reallocate income, often including certain:

  • Mutual Funds
  • REITs (Real Estate Investment Trusts)
  • WHFITs (Widely Held Fixed Investment Trusts)
  • CMOs (Collateralized Mortgage Obligations) and REMICs (Real Estate Mortgage Investment Conduits)

If you receive a letter notifying you of your account’s status on the holdback list and you have any remaining questions, please contact your Financial Advisor for assistance.

Additional Resources

Links to additional resources and guides can be found on the right side of this page under Tax Resources.

Each taxpayer’s situation is different and tax-related information provided herein is general in nature. Clients should consult with a professional tax advisor with questions specific to their personal tax situation.