Most tax forms are mailed in late January. However, keep in mind that not all accounts will generate a tax form.
See Tax Forms You May Receive for mailing dates and other detailed information by tax form.
Tax Form 1099-DIV is only sent to owners of non-retirement and non-education accounts that received a taxable dividend or capital gain distribution. If you received a distribution from an IRA or other retirement plan, you will receive tax Form 1099-R.
Qualified dividends are subject to special lower tax rates when paid to an individual taxpayer who meets a holding period requirement.
The amount of distributions paid by the fund during its fiscal year may be more than the amount the fund earned. The excess, if any, is characterized as a return of capital (ROC) and reflected on Form 1099-DIV as nondividend distributions.
Mutual funds are often required to pay foreign taxes on earnings from their investments outside the United States. You may claim a foreign tax credit or deduction for your share of the foreign taxes paid by these funds.
The American Funds Tax-Advantaged Income Portfolio is composed of both taxable funds and nontaxable funds.
American Funds does not require documentation on distributions for medical expenses, health insurance premiums, first home purchases and higher education expenses. Therefore, these distributions (if taken before age 59½) are reported to the IRS as “early distribution, no known exception.” If applicable, you may file IRS Form 5329 to report the exemption code and avoid the 10% early distribution penalty.
You will receive Form 1099-R in late January if you received a distribution from an IRA or other retirement plan. If you made a contribution to a traditional, Roth, SEP or SIMPLE IRA you will receive Form 5498 in late May.
Form 5498 is not sent until late May because you have until the tax filing deadline in April to make IRA contributions. For contribution information, refer to your year-end statement or transaction history.
Go to Statements & Tax Forms to download your tax forms at any time.
Beginning in early February, you can also order duplicate tax forms by calling our 24-hour automated phone service at (800) 325-3590.
Since you have until the tax filing deadline in April to make contributions to IRAs and Education Savings Accounts (ESAs), we must wait until after the tax filing deadline to send these forms. Form 5498-ESA is sent in April and Form 5498 (for IRAs) is sent in May. As a reminder, you are not required to attach a copy of Form 5498 or Form 5498-ESA to your income tax return.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.