Tax Information & Forms

Client Tax Resources, Updated for the Current Tax Year

Tax Year 2018 Mailing Schedule and Information

 MAILING DEADLINEMAILING TYPE DESCRIPTION OF CONTENTS 
January 31, 2019Forms 1099-R and 1099-QDistributions from your IRA, Qualified Plan, or Education Savings Account
February 15, 2019*Form 1099 ConsolidatedIncludes 1099-INT, 1099-DIV, 1099-B, 1099-MISC, and 1099-OID (other than CMO/REMIC)
N/A, Expected online February 15, 2019
Preliminary Tax Statements (Not an official tax statement)Includes all 1099 Consolidated information with additional page containing holdings that have not yet finalized their taxability by February
March 15, 2019Form 1099-OID (REMIC)/WHFIT Statement for Mortgage SecuritiesOID and Interest Accruals from CMOs/REMICs. Income and Expenses Resulting from Pooled Mortgage Securities.
1042-SForeign Person's U.S. Source Income Subject to Withholding
Schedule K-1Master Limited Partnership (MLP) Income, which will be mailed directly from the General Partner
April 30, 2019Form 5498-ESAReports contributions (including rollover contributions) to Coverdell ESAs
May 31, 2019Form 5498Reports contributions (including rollover contributions) to any individual retirement arrangement (IRA), including a SEP, SIMPLE, and Roth IRA; Roth conversions; IRA recharacterizations; and the fair market value (FMV) of the account.

*The IRS changed the deadline for delivering most IRS 1099 Consolidated Forms from January 31 to February 15, 2019. We expect to receive a 30-day extension from the IRS to March 15, 2019 based on this year’s February 15, 2019 deadline.

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Tax Resources: Download Janney Tax Info Sheets & Users Guides

Preliminary Tax Statements for Holdback 1099 Consolidated Forms

Janney has introduced the Preliminary Tax Statement to help account holders who receive late tax information from issuers. Types of securities which traditionally report late or reallocated income often include:

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

If your account holds certain securities for which their taxability has not been finalized by the time 1099 Consolidated Forms are produced, you will now be able to access a preliminary copy of your 1099 form online via Janney’s Online Access via www.myjanney.com around February 15th.

This Preliminary Tax Statement also includes a special page which denotes which of your account holdings have not finalized taxability. Summary and detail pages of the Statement are watermarked to ensure account holders are aware they are still waiting on final tax information. The Preliminary Statement should not be used to file completed taxes. Those account holders who have a Preliminary Statement produced for the 2018 Tax Year will still receive their official 1099 Consolidated Form in early March.

The Preliminary Tax Statement is a new online only feature, which can be accessed by logging in to your Janney Online Access account through our secure website. If you have not yet enrolled in Janney Online Access, you will receive a letter in the mail notifying you that a Preliminary Tax Statement is available for your account, and that you may enroll in Janney Online Access and access your reports.

Digital Access to Tax forms via Janney Online Access

Tax forms are available online for clients with a Janney Online Access account. To access your tax forms online, simply log in to your account, click “Statements & Docs” on the top of the page, then click “Tax Forms.” You will then be able to review any available Janney tax forms for download.

Please contact your Financial Advisor or local branch for additional information.

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.

To learn about the professional background, business practices, and conduct of FINRA member firms or their financial professionals, visit FINRA’s BrokerCheck website: http://brokercheck.finra.org/