reporting deadline
Individual liquidates a non qualified mutual fund in 2019 that has short and long term capital gains. What is the deadline date in 2020 for the custodian to send tax reporting documents to the client?
Individual liquidates a non qualified mutual fund in 2019 that has short and long term capital gains. What is the deadline date in 2020 for the custodian to send tax reporting documents to the client?
Permalink Submitted by Alan - IRA critic on Thu, 2019-11-28 16:52
They should be mailed by 2/15, but the weekend and President’s Day likely mean that 2/19 is a more likely date of receipt. Certain funds and holding with limited client activity in December might still have their 1099R mailed by 1/31, so the actual mailing date depends on various factors. Individual might also be able to see the 1099R on line perhaps a week prior to actual mail delivery.