MUTUAL FUND TAX GUIDE

MUTUAL FUND TAX GUIDE

2020

CONTENTS

Purpose Important Dates Tax Forms Tax Topics

What's included in the Mutual Fund Tax Guide? Will the Guide help me file my tax return? Who should I contact for tax advice? Who should I contact if I have questions regarding my account?

Tax Return Filing Deadline IRA & CESA Contribution Deadline Required Tax Form Mail Dates Duplicate Tax Form Requests

Taxable Accounts Retirement Accounts Coverdell Education Savings Account

Backup Withholding on Taxable Accounts

Capital Losses

Wash Sales / Long-Term Capital Gain Distributions

Conversions & Recharacterizations

Coronavirus-related Distributions

Dividends Received Deduction (DRD) Dividends from U.S. Government Obligations Excess Contributions

Foreign Tax Credit

Gift Tax Exclusion Qualified Charitable Contributions Return of capital

Schedule K-1

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PURPOSE

What is included in the Mutual Fund Tax Guide?

This guide provides basic information about the 2020 tax forms you may receive this year.

Will the Mutual Fund Tax Guide help me file my tax return?

This guide may assist you in preparing your tax return, but it is not intended to provide specific tax advice.

Who should I contact for tax advice?

Given the scope and complexity of tax laws, please consult your tax or financial advisor who can provide advice based on your personal financial history and can best assist you in preparing your tax return.

Who should I contact if I have questions regarding my account?

Please do not hesitate to contact one of our representatives at 1-800-540-6807 if you have any questions, concerns, or need additional clarification regarding your account.

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IMPORTANT DATES

Tax Return Filing

The Federal Tax Return filing deadline for the 2020 tax year is April 15, 2021. Request for filing extensions are also due on that same date (if applicable).

IRA & CESA Contributions

The deadline to make contributions into your Traditional IRA, Roth IRA, and Coverdell Education Savings Account (CESA) for the 2020 tax year coincide with the Federal Tax Return filing deadline of April 15, 2021.

Required Tax Form Mail Dates

Form 1099-Q, 1099-R, 592-B 1099-B, 1099-DIV*, 1099-INT* 1042-S 5498-ESA 5498

Date February 1, 2021 February 16, 2021

March 15, 2021 April 30, 2021 May 31, 2021

*February 1, 2021 date applies if the tax form is NOT furnished as part of a consolidated reporting statement as listed under T.D. 9504,2010-47 I.R.B. 670.

Duplicate Tax Form Requests

Please allow 5 -7 business days after the required tax form mail date for delivery of the original tax forms, prior to requesting a duplicate copy. Please contact one of our representatives if you have any questions, concerns, or need additional clarification regarding your account.

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TAX FORMS

Type of Account/Tax Form Taxable Accounts

Form 1099-B Form 1099-DIV Form 1099-INT Form 592-B Retirement Accounts Form 1099-R Form 5498 Coverdell Education Savings Account (CESA) Form 1099-Q Form 5498-ESA Foreign Accounts Form 1042-S

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