A guide to your Merrill Lynch tax reporting statement
A guide to your Merrill Lynch tax reporting statement
Table of contents
General information. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Statement overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Household link status summary. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Cover page. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Important items for your attention. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Corrections . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Reportable vs. nonreportable income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Summary pages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Transaction detail pages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Visa? Access summary statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Online services and support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Tax download capabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Microsoft? Excel? download . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Online capability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Important reminders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Delayed statement mailings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Amended returns due to reclassification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Dates for statement mailings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Additional resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Questions about your statement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Investment questions (non-tax related) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Tax planning website . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Preparing your tax return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Contacting the IRS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Merrill Lynch is the marketing name for Merrill Lynch and Merrill Edge, both of which are made available through Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S"). Merrill Edge is the marketing name for two businesses: Merrill Edge Advisory Center?, which offers team-based advice and guidance brokerage services; and a self-directed online investing platform. Merrill Lynch makes available products and services offered by MLPF&S, a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation ("BAC"). Banking products are provided by Bank of America, N.A., and affiliated banks, members FDIC and wholly owned subsidiaries of BAC.
Investment products:
Are Not FDIC Insured
Are Not Bank Guaranteed
May Lose Value
MLPF&S and Bank of America, N.A., make available investment products sponsored, managed, distributed or provided by companies that are affiliates of BAC or in which BAC has a substantial economic interest, including BofATM Global Capital Management.
2
General information
The annual tax reporting statement you receive from Merrill Lynch contains tax information that is required to be reported to the Internal Revenue Service (IRS). It also provides nonreportable information related to the activities in your Merrill Lynch account. The statement is designed to make it easy for you or your tax advisor to prepare your tax return. We've prepared this guide to help explain the information you will find in your tax reporting statement.
Industry recognition Merrill Lynch's tax reporting statement was ranked No. 1 overall in Corporate Insight's Broker Monitor ? Tax Statement Analysis report (July 2013). The report reviews annual year-end tax statements that include the official Form 1099 as well as supplemental reports. The Merrill Lynch statement was praised for offering "one of the strongest tax reporting statements among all competitor firms reviewed."
Statement overview
If you are a Merrill Lynch client who is an individual, a partnership, a sole proprietor, a taxable trust, an estate or any other entity for whom we are required to provide tax information or a Form 1099, you will receive a tax reporting statement. The statement is designed in an easy-to-read format and is printed on both sides for compact storage in a three-ring binder. It incorporates all the latest legislative changes, details on information we are required to report to the IRS, and instructions for reportable items that you need to include when filing your tax return. Your tax reporting statement includes the following sections: ? A summary of your account income for the prior year
??Form 1099-DIV: Dividends and Distributions ??Form 1099-INT: Interest Income ??Summary of Original Issue Discount (OID) Items ??Summary of Sales Proceeds ??Form 1099-MISC: Miscellaneous Income ??Distributions and Charges ? OID and gross proceeds and gain/loss details that may be IRS reportable at the transaction level The following summary statements are available online and are provided if you have the appropriate account activity. The information is not reported to the IRS. ? The "Annual Summary" statement is designed to provide account activity information that is not reported to the IRS but is helpful in preparing an income tax return. ? A Visa? Access summary statement (if you are part of the Visa program), which provides details of your Visa card and checking transactions, will be produced and made available online only beginning with tax year 2014. In previous years, it was printed and included with the annual tax reporting statement.
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Household link status summary
If your monthly account statements are linked and you are eligible to receive multiple tax statements, your statement package will include the household link status summary page. The household link status summary includes a list of all the accounts within a statement link that have your household address and for which Merrill Lynch is required to provide annual tax reporting (Forms 1099). Statements will be packaged in the same envelope, when possible, and mailed to the primary account holder. The mailing status of the applicable tax statements and the page number(s) of the statement included within the package are also provided. The page numbers of each tax statement will be consecutive. For example, if the first tax statement is pages 1 through 10, the second statement will begin on page 11.
The eligible statement and form types that may be included in the account status display are Consolidated, Supplemental, Annual Visa/Checking Statement, Form 1099-R, Form 1099-SA and Form 1099-Q.
One link status page is produced per statement mailing (mailings may include more than one account per package).
JOHN CUSTOMER 123 MAIN STREET NEW YORK, NY 10281
2013 TAX REPORTING HOUSEHOLD LINK STATUS AS OF 02/09/2014
We are providing a mailing status for all accounts in your statement link for which we are required to provide Annual Tax Reporting (Forms 1099). PLEASE NOTE: There may be more than one account in this statement package. Please review your Link Summary information carefully.
Account Name
Account No.
Status
Pages In Package
John Q Customer
John and Jane Customer Jr. John Consults Account Jonathon Q Customer Jane Customer Johnnie and Janie Customer
XXX-X6000
XXX-X6000
XXX-X6000 XXX-X6001 XXX-X6004 XXX-X6A00 XXX-X6A04 XXX-X6B03
Tax Statement Enclosed Supplemental Tax Statement Due by 03/15
Visa/Checking Stand Alone Delivered OnLine Tax Statement Delivered OnLine 02/09 Tax Statement Pending Form 1099R Produced 01/17 Income Below IRS Reporting Requirements Tax Statement Enclosed
1-25 n/a
n/a 26-33
n/a n/a n/a 34-39
Cover page 13landlink120512.qxp
Your tax reporting statement's cover page includes a Table of Contents that directs you to the start of each major section. A stop sign is displayed on the page if there are important items included in the statement that may affect your tax return.
JOHN Q CUSTOMER 123 MAIN STREET NEW YORK, NY 10281
Account No. 123-96000
Taxpayer No. XXX-XX-6789
Page 1 of 39
2013 TAX REPORTING STATEMENT ORIGINAL 1099 02/09/2014
Table of Contents
Summary Pages
..............................................................
Original Issue Discount Details
..............................................................
Contingent Payment Debt Details
..............................................................
Non-Reportable Original Issue Discount Details ................................................
Sale Proceeds and Gain/Loss Details ..............................................................
Dividend Income Activity
..............................................................
Miscellaneous Income Activity
..............................................................
Interest Income Activity
..............................................................
Other Distributions and Charges
..............................................................
Page
3 7 8 8 9 15 20 21 24
Merrill Lynch would like you to note the following item(s) that may affect your tax return. Please discuss these matters with your Tax Advisor prior to completing your return.
IMPORTANT ITEMS FOR YOUR ATTENTION
As a holder of a Widely Held Fixed Investment Trust, Real Estate Mortgage Investment Conduit and/or certain Collateralized Debt Obligations, you will be receiving a Supplemental Tax Information Statement in addition to this statement. That Supplemental Statement will be produced and mailed to you on or before the IRS deadline of March 15, 2014. We recommend you wait until you receive that statement to file your tax return.
As an owner of units in a Master Limited Partnership, you will receive a Form 1065, Schedule K-1, directly from the General Partner. Although we have included any partnership distributions paid to your account in the Other Distributions and Charges section of this statement, we will not report this information to the IRS. The Form 1065, Schedule K-1 you receive will include your income, deductions and other items and should be used in the preparation of your tax return.
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4
Important items for your attention
Account No. 123-96000
Taxpayer No. XXX-XX-6789
Page 1 of 27
Occasionally, we may highlight information tha2t01c3ouTlAdXimREpPaOctRyToINuGr tSaTxArTeEtMurEnN. TIn that case, we would provide details in
the "Important Items for Your Attention" section of theCOsRtaRtEeCmTEeDn1t0.99Fo03r/1e3x/1a4mple, if you are scheduled to receive a supplemental
Table of Contents
Page
tax informatiJoOnHNsQtaCtUeSmTOeMnERt because you hold a Widely Held FixeSdumInmvarey sPatgmesent Trust (WHF....I.T....)..,..R....e...a...l...E....s...t..a...t..e.....M.....o...r..t..g....a. ge In3 vestment
123 MAIN STREET
Sale Proceeds and Gain/Loss Details ..............................................................
5
Conduit and/NoErWcYeOrRtKa,iNnYc1o02l8la1 teralized debt obligations, you wouldDivbideendnInoctoimfieeAdctiviinty this section. .............................................................. 9
Interest Income Activity
Note: This section will not appear if there are no messages for you.
..............................................................
11
Corrections
Merrill Lynch would like you to note the following item(s) that may affect your tax return.
A corrected tax reporting stPaleteasme ednistcursesptlhaecseesmaanttyerpsrweivthioyuosurtTaaxx rAedpvoisrotrinpgriosrttaotceommpelnettinygoyuoumr areytuhrna.ve received from
Merrill Lynch. When we notify you of changes, an "Adjustments Applied to This Statement" section appears within the
"ImIMpPoOrtRaTnAtNTIteITmEMsSfoFOr RYoYuOrUARtAtTeTnEtNioTnIO"Nsection on the cover page. This section highlights every security that was adjusted andAsianhcolludedreosf aaWnidaelcycHoemld FpixaendyInivnegstmeexnpt Tlarunsat, tRieoanl EfsotartetMhoertgcaogerrIenvcetsitomnentmCoanddeui.t and/or certain Collateralized Debt Obligations, you will be receiving a
Supplemental Tax Information Statement in addition to this statement. That Supplemental Statement will be produced and mailed to you on or before the IRS deadline of March 17, 2014. We recommend you wait until you receive that statement to file your tax return.
ADJUSTMENTS APPLIED TO THIS STATEMENT
Security Description
CUSIP Number
DIVIDENDS AND DISTRIBUTIONS
PUBLIC STORAGE INC $0.10 REIT
74460D471
Reason for Adjustment COMPANY RECLASSIFIED INCOME.
Transaction Date(s) Affected
4/1/13
4/30/13
5/31/13
Reportable vs. nonreportable income
Merrill Lynch is required to report your taxable information on Forms 1099 to the IRS.
Starting two years ago, the cost basis reporting regulations issued by the IRS required all brokers to report to clients and to the IRS the adjusted cost basis and the date acquired for covered transactions. The regulations specified a multi-year phase-in period during which different security classes would become subject to basis reporting. In 2011, we began basis reporting for covered equity sales, and in 2012 we reported basis on covered mutual fund sales. Beginning with tax year 2014, we will initiate basis reporting on sales of covered bonds and options.
The reportable section of your statement includes a summary of the 1099 taxable transactions in your account for the following categories:
? Dividends and Distributions ? Interest Income ? Original Issue Discount (OID)
? Sales Proceeds ? Miscellaneous Income
In addition, a detailed, chronological breakdown, by security, of reportable transactions is grouped under the following categories:
? Original Issue Discount (OID)
? Proceeds From Broker and Barter Exchange Transactions
Your statement will also include some nonreportable information. The nonreportable sections of your statement are provided to assist you in reviewing the details behind the summary of your investments and may be useful in preparing your tax return. These sections include details of your transactions as well as totals for each of the individual sections. We do not report the details provided in the following sections of your statement to the IRS:
? Dividends and Distributions ? Miscellaneous Income
? Other Distributions and Charges ? Interest Income
You may, however, see data from various 1099 forms repeated in this section for your convenience, the totals of which are reportable to the IRS.
5
Summary pages
The summary pages of your statement include the activity that we are required to report to you and, in most cases, to the IRS. In addition, summary pages include IRS form and line items associated with the income reflected in the summary boxes. This gives you an easy reference for where the information should be included on your tax return.
Account No. 123-96000
Taxpayer No. XXX-XX-6789
Page 3 of 39
JOHN Q CUSTOMER 123 MAIN STREET NEW YORK, NY 10281
ORIGINAL 1099 02/09/2014
Your Financial Advisor 9697 ROBERT A SMIT 717 FIFTH AVENUE NEW YORK, NY 10022
Payer: Merrill Lynch, Pierce, Fenner & Smith Inc 1800 Merrill Lynch Drive, MSC 0803 Pennington, NJ 08534-4129 Federal Identification Number 13-5674085
11099-DIV
2013 Dividends and Distributions
2013 TAX REPORTING STATEMENT
2 (OMB NO. 1545-0110) 1099-INT
2013 Interest Income
(OMB NO. 1545-0112)
1a Total Ordinary Dividends 1b Qualified Dividends 2a Total Capital Gain Distributions 2b Unrecap. Sec. 1250 Gain 2c Section 1202 Gain 2d Collectibles (28%) Gain 3 Nondividend Distributions 4 Federal Income Tax Withheld 5 Investment Expenses 6 Foreign Tax Paid 7 Foreign Country or U.S. Possession 8 Liquidation Distributions Cash 9 Liquidation Distributions Non-Cash 10 Exempt-Interest Dividends 11 Spec. Private Activity Bond Int. Div.
Sched. B, Line 5 &/or Form 1040 Line 9a Form 1040, Line 9b Sched. D, Line 13 or Form 1040 Line 13 Schedule D, Line 19 See Sched. D Instructions Schedule D, Line 18 See Publication 550 Form 1040, Line 62 Schedule A, Line 23 (Amt. inc. in Line 1a) Form 1116 &/or Form 1040 Line 47 See Instructions See Instructions See Instructions Form 1040, Line 8b See Instructions for Form 6251
Amount 16,472.26
446.80 1,352.42
22.10 57.85 892.15 155.00 410.11
0.00 43.23 Various
4.42 0.00 10,022.85 5,838.78
1 Interest Income 2 Early Withdrawal Penalty 3 Int. on U.S. Savings Bonds & Treas. 4 Federal Income Tax Withheld 5 Investment Expenses 6 Foreign Tax Paid 7 Foreign Country or U.S. Possession 8 Tax-Exempt Interest 9 Spec. Private Activity Bond Interest 10 Tax-Exempt Bond CUSIP Number
Sched. B, Line 1 &/or Form 1040 Line 8a Form 1040, Line 30 See Publication 550 Form 1040, Line 62 Sched. A, Line 23 (Amt. inc. in Line 1) Form 1116 &/or Form 1040 Line 47 See Instructions Form 1040, Line 8b See Instructions for Form 6251 See Instructions
Amount 3,770.94
0.00 7,809.36
31.07 0.00 0.00
Various 970.83 683.33 Various
3
Summary of 2013 Original Issue Discount Items
Original Issue Discount OID on U.S.Treasury Obligations
See Publication 1212 See Publication 1212
Amount 1,148.42 5,577.41
4
Summary of 2013 Sales Proceeds
Sales Proceeds Federal Income Tax Withheld
See Form 8949 Form 1040, Line 62
Amount 211,578.88
628.64
Amounts of Original Issue Discount are individually reported to the IRS. Refer to the 2013 Original Issue Discount detail section of this statement.
Gross Proceeds from each of your 2013 securities trades are individually reported to the IRS. Refer to the 2013 Proceeds from Broker and Barter Exchange Transactions detail section of this statement.
This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. You may reach a Tax Representative at 1-800-637-6326.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) is a registered broker-dealer and wholly owned subsidiary of Bank of America Corporation Member, Securities Investor Protection Corporation (SIPC)
Account No. 123-96000
Taxpayer No. XXX-XX-6789
JOHN Q CUSTOMER
2013 TAX REPORTING STATEMENT
51099-MISC
2013 Miscellaneous Income
2 Royalties 3 Other Income 4 Federal Income Tax Withheld 8 Sub. Payments in Lieu of Div. or Int.
Schedule E, Line 23b Form 1040, Line 21 Form 1040, line 62 Form 1040, Line 21
(OMB NO. 1545-0115)
Amount 775.00 109.38 0.00 640.00
This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposted on you if this income is taxable and the IRS determines that it has not bee reported.
6
Distributions and Charges
Limited Partnership Income Non-Reportable Dividends and Interest Non-Reportable Tax-Exempt Interest Taxable Municipal Accrued Interest Paid Non-Taxable Municipal Accrued Int. Paid Other Accrued Interest Paid Margin Interest Fees Non-Reportable Distribution Expenses
........................................... ........................................... ........................................... ........................................... ........................................... ........................................... ........................................... ........................................... ...........................................
Page 4 of 39
Amount 468.72 0.00 0.00 252.50 252.50 145.96
2,077.54 14,531.36
358.10
7 INSTRUCTIONS FOR RECIPIENT OF FORMS 1099 - READ CAREFULLY
The amounts listed on Forms 1099-DIV, 1099-INT, 1099-OID, 1099-MISC and 1099-B represent dividends,
Foreign Tax Paid - You may be able to claim this foreign tax as a deduction or a credit on Form 1040. See
interest, miscellaneous income, original issue discount and/or gross proceeds payments made or credited to
your Form 1040 instructions.
your account during the calendar year.
Backup Withholding - Persons not furnishing their taxpayer identification number to the payer become sub-
ject to backup withholding on certain payments at a rate of 28%, including dividends, interest, and gross pro-
Real Estate Mortgage Investment Conduits (REMIC's) and other Collateralized Debt Obligations (CDO's)
ceeds from dispositions of securities. See Form W-9, Request for Taxpayer Identification Number and
must report interest income or OID paid or accrued during the tax year to a regular interest holder. If you are
Certification, for information on backup withholding.
a holder of a REMIC and/or CDO obligation, such interest income or OID will not be reflected on the Form
Include this amount on your income tax return as tax withheld.
1099-INT or 1099-OID appearing on this Tax Reporting Statement because this information is unavailable to
Merrill Lynch prior to publication. Such information will be sent to you separately for inclusion on your income
1099-MISC - Miscellaneous Income (OMB No. 1545-0115)
tax return.
Each royalty trust is required to provide their shareholders with detailed information regarding items of trust
income and deductions. Because the information reported to shareholders by the royalty trust includes the
If you are an investor in a limited partnership, information concerning your distributive share of the partner-
information we report to you on Form 1099-MISC, you should be careful not to report this income on your tax
ship's taxable income or loss (Form 1065, Schedule K-1) will not appear on the Tax Reporting Statement.
return twice.
Such information will be sent to you directly from the limited partnership, for inclusion on your income tax
Line 1 - Shows the income received from rental property. Report on Schedule E (Form 1040 ).
return.
Line 2 - Shows the royalty trust income paid to your account during the tax year. Report on Schedule E
(Form 1040).
Nominees - If your federal Taxpayer Identification Number is shown on this form and includes amounts
Line 3 - Generally, report this amount on the "Other Income" line of Form 1040 and identify the payment. The
belonging to another person, you are considered a nominee recipient. You must file Form 1099-DIV, 1099-
amount shown may be payments you received as the beneficiary of a deceased employee, prizes, awards,
INT, 1099-OID, 1099-MISC or 1099-B, as applicable, with the IRS, for each of the other owners to show their
taxable damages, or other taxable income. See Publication 525, Taxable and Nontaxable Income.
share of the income, and you must furnish a Form 1099-DIV, 1099-INT, 1099-OID, 1099-MISC or 1099-B to
Line 8 - Shows substitute payments in lieu of dividends or tax-exempt interest received by your broker on
each owner. A husband or wife is not required to file a nominee return to show amounts owned by the other.
your behalf after transfer of your securities for use in a short sale. Report on the "Other Income" line of Form
See the Instructions for Forms 1099, 1098, 5498, and W-2G.
1040.
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Summary page sections 1. Dividends and Distributions
(Summary totals are reported to the IRS.) 2. Interest Income
(Summary totals are reported to the IRS.) 3. Summary of Original Issue Discount Items
(Individual details are reported to the IRS.) 4. Summary of Sales Proceeds
(Individual details are reported to the IRS.)
5. Miscellaneous Income (Summary totals are reported to the IRS.)
6. Distributions and Charges (These items are not reported to the IRS.)
7. Instructions (Instructions on pages 4 and 5 of your statement explain the information included as well as how the information may be reported on your tax return.)
6
ORIGINAL 1099 02/09/2014
JOHN Q CUSTOMER
Your Financial Advisor 9697
123 MAIN STREET
ROBERT A SMIT
NEW YORK, NY 10281
717 FIFTH AVENUE
Summary pages NEW YORK, NY 10022 (continued)
Payer: Merrill Lynch, Pierce, Fenner & Smith Inc 1800 Merrill Lynch Drive, MSC 0803 Pennington, NJ 08534-4129 Federal Identification Number 13-5674085
1099-DIV
2013 Dividends and Distributions
2013 TAX REPORTING STATEMENT
(OMB NO. 1545-0110) 1099-INT1. Dividends and20D13isInttreirbesuttInioconmse
(OMB NO. 1545-0112)
1a Total Ordinary Dividends
1b Qualified Dividends
2a Total Capital Gain Distributions
2b Unrecap. Sec. 1250 Gain
2c Section 1202 Gain
o.
2d CollectiTbalexsp(2a8y%e)r GNaoin.
0
3 4
NFeodnedrivaiXldIeXnncXdo-DmXiseXtrT-iba6ux7tiW8on9itshheld
5 Investment Expenses
6 Foreign Tax Paid
7 Foreign Country or U.S. Possession
8 Liquidation Distributions Cash
9 Liquidation Distributions Non-Cash
ORIGINAL 10991002Ex/0em9/p2t-0In1te4rest Dividends
11 Spec. Private Activity Bond Int. Div.
Sched. B, Line 5 &/or Form 1040 Line 9a Form 1040, Line 9b Sched. D, Line 13 or Form 1040 Line 13 Schedule D, Line 19 See Sched. D Instructions Schedule D, Line 18 See Publication 550 Form 1040, Line 62 Schedule A, Line 23 (Amt. inc. in Line 1a) Form 1116 &/or Form 1040 Line 47 See Instructions See Instructions See Instructions Form 1040, Line 8b See Instructions for Form 6251
Amount 16,472.26
446.80 1,352.42
22.10 57.85
Page892.15 3 of 39145150..0101
0.00 43.23 Various
4.42 0.00 10,022.85 5,838.78
This section reports various dividend
1 Interest Incionmceome amounts, inScclhuedd.iBn,gLinoe r1d&i/noraFroyrm 1040 Line 8a
2 Early Withdrawal Penalty
Form 1040, Line 30
3 Int. on U.S.dSiavviidngesnBdonsd,sq&uTareliafsi.ed SdeievPidubelincadtiosn, 550
4 Federal Income Tax Withheld
Form 1040, Line 62
5 InvestmenteExxpeemnspest-interest divSicdheedn. dA,sL,inien2c3o(Ammte. inc. in Line 1)
6 Foreign Tax Paid
Form 1116 &/or Form 1040 Line 47
7 Foreign Cotuantxry woriUt.hSh. Peolsdsefsrsoiomn dSieveidInestnrudctison, sforeign
8 9
TSapxe-cE.xPermivpattteaInAxtecerteisvsittyyoBoundhIantvereespt aidSFoeoremnIn1ds0t4iru0v,citLdioinenesn8fdborsF,oarmn6d251
10 Tax-ExempitnBconodmCUeSrIPeNcuemivbeerd froSmee Infsotrruectiiognns sources
for your account.
Amount 3,770.94
0.00 7,809.36
31.07 0.00 0.00
Various 970.83 683.33 Various
Your Financial Advisor 9697
Payer:
ROBERT A SMIT
Summary of 20M13eOrrriilgl iLnyanl Icshs,uePiDeirscceo,uFnet nItnemers& Smith Inc
717 FIFTH AVENUE NEW YORK, NY 1002O2riginal Issue Discount
OID on U.S.Treasury Obligations
1800 Merrill Lynch Drive, MSC 0803
SSPFeeeeeednPPenuurbbinalliicclgaaItttdiiooonnenn11, 22tN11if22Jic0a8ti5o3n4-N4u1m29ber
Amount
13-567408155,,154787..4421
Summary of 2013 Sales Proceeds
Sales Proceeds Federal Income Tax Withheld
See Form 8949 Form 1040, Line 62
Amount 211,578.88
628.64
AX REPORTIARNmefGoeruntoStstThoefAO2T0ri1gE3inOMarliEgIsisnNuaelTIDssisuceoDuinstcaoruenitnddeivtaidilusaellcytiroenpoorftethdistosttahteemIReSn.t.
O. 1545-0110) 1099-INT
2013 Interest Income
(OMB NO. 1545-0112)
Gross Proceeds from each of your 2013 securities trades are individually reported to the IRS. Refer to the 2013 Proceeds from Broker and Barter Exchange Transactions
detail se2ct.ioInnotf ethrisesstatteImnecnot. me
Amount 16,472.26
446.80 1,352.42
22.10 57.85 892.15
1
Interest
Income
This
is
important tax or other
isSnacfnohecrmdti.oaBnt,ioLminnaeay1nbd&e/iosirmbFpoeYorimnosgue1d0mfu4oa0rnnyLiriysneoheauec8dhaiftaothTtiashxeinR3AIcn,e7motp7emor0reun.e9snae4tilsnRttaaetixvvaeebnaluete1aS-n8ed0r0vt-hi6ceTd3e7I.uhR-Ir6ifSsi3yn2dosg6eue.tetachrrtmeeioirnenyeqesulaiitsrrhet;asdft otiitonrhtfeaielsexraenamsortteptbiulenerenc,n,oianrmetnpeeeogrrerltieegsdcet.necive epdenalty
2 Early Withdrawal Penalty
Form 1040, Line 30
0.00
on corporate bonds, commercial paper,
3 Int. on U.S. SaviMngesrriBlloLnydnsch&, TPrieearcse. , FeSnneerP&ubSlmicaitthioInc5o5r0porated (MLPF&S) is a regi7s,t8e0re9d.3b6roker-dealer and wholly owned subsidiary of Bank of America Corporation
4 Federal Income Tax Withheld
Form 1040, Line 62 Member, Securities Inves3to1r.0P7rotection Corporatidoneb(SeIPnCt)ures and notes, CDs, municipal
5 Investment Expenses 6 Foreign Tax Paid
Sched. A, Line 23 (Amt. inc. in Line 1) Form 1116 &/or Form 1040 Line 47
0.00 0.00
securities, and investment expenses.
155.00 410.11
0.00 43.23 Various
4.42 0.00
7 Foreign Country or U.S. Possession 8 Tax-Exempt Interest 9 Spec. Private Activity Bond Interest 10 Tax-Exempt Bond CUSIP Number
See Instructions Form 1040, Line 8b See Instructions for Form 6251 See Instructions
Various 970.83 683.33 Various
Included in these amounts is any accrued interest earned. (Accrued interest paid is not included. See "Other Distributions and Charges" for this information.)
10,022.85
5,838.78
Amount 1,148.42 5,577.41
Summary of 2013 Sales Proceeds
Sales Proceeds Federal Income Tax Withheld
See Form 8949 Form 1040, Line 62
Amount 211,578.88
628.64
Gross Proceeds from each of your 2013 securities trades are individually reported to the IRS. Refer to the 2013 Proceeds from Broker and Barter Exchange Transactions detail section of this statement.
o the Internal Revenue Service. If you are required to file a return, a negligence penalty his income is taxable and the IRS determines that it has not been reported. Tax Representative at 1-800-637-6326.
a registered broker-dealer and wholly owned subsidiary of Bank of America Corporation es Investor Protection Corporation (SIPC)
3. Summary of Original Issue Discount Items
This section summarizes original issue discount (OID) items accrued on your holdings of certain taxable debt instruments during the year. OID is generally the difference between a bond's original issue price and its stated redemption price at maturity.
7
1,352.42 22.10 57.85
892.15 155.00 410.11
0.00 43.23 Various
4.42 0.00 10,022.85 5,838.78
3 Int. on U.S. Savings Bonds & Treas. 4 Federal Income Tax Withheld 5 Investment Expenses 6 Foreign Tax Paid 7 Foreign Country or U.S. Possession 8 Tax-Exempt Interest 9 Spec. Private Activity Bond Interest 10 Tax-Exempt Bond CUSIP Number
See Publication 550 Form 1040, Line 62 Sched. A, Line 23 (Amt. inc. in Line 1) Form 1116 &/or Form 1040 Line 47 See Instructions Form 1040, Line 8b See Instructions for Form 6251 See Instructions
7,809.36 31.07 0.00 0.00
Various 970.83 683.33 Various
Summary pages (continued)
Amount 1,148.42 5,577.41
Summary of 2013 Sales Proceeds
Sales Proceeds Federal Income Tax Withheld
See Form 8949 Form 1040, Line 62
Amount 211,578.88
628.64
Gross Proceeds from each of your 2013 securities trades are individually reported to the IRS. Refer to the 2013 Proceeds from Broker and Barter Exchange Transactions detail section of this statement.
o the Internal Revenue Service. If you are required to file a return, a negligence penalty this income is taxable and the IRS determines that it has not been reported. a Tax Representative at 1-800-637-6326.
a registered broker-dealer and wholly owned subsidiary of Bank of America Corporation ies Investor Protection Corporation (SIPC)
4. Summary of Sales Proceeds This section totals the gross proceeds
received from dispositions of securities, including sales, redemptions, called bonds, tender offers and other dispositions for cash. Gross proceeds from short sales are also reported in this section in the year the position was closed.
Account No.
Taxpayer No.
123-96000
XXX-XX-6789
4
JOHN Q CUSTOMER
2013 TAX REPORTING STATEMENT
1099-MISC
2013 Miscellaneous Income
(OMB NO. 1545-0115)
5. MiscellaneouDsisIntricboutmiones and Charges
Amount
This section lists miscellaneous income,
2 Royalties 3 Other Income
Schedule E, Line 23b Form 1040, Line 21
775.00 109.38
Limited Partnership Income
...........................................
Non-ReporwtabhleicDhivicdeanndsbaendrIontyearelstties, sub.s...t..i.t..u...t..e.............................
4 Federal Income Tax Withheld
Form 1040, line 62
8 Sub. Payments in Lieu of Div. or Int. Form 1040, Line 21
0.00 640.00
NTaoxna-bRleepMoruptnaaibclyiepmaTlaAexc-nEctrxuseemdipnItnItlneietreeursetsoPt afiddividen....d....s........o......r........i..n......t....e....r....e......s....t....,......................
NOothne-Tr aAxcacbruoleerdMoIunnttehicrieepsartl iPAnacccidrouemd eInty. Poauidmay h....a....v......e........r....e......c....e......i..v......e....d......,..........................
Margin Intearesstwell as the amount of fe...d...e..r..a...l..i..n...c..o...m.....e.............
This is important tax information and is being furnished to the Internal Revenue Service. If
Fees
...........................................
1
you are required to file a return, a negligence penalty or other sanction may be imposted on
Non-ReporttaabxletDhisatrtibMutioenrErixlpl eLnysensch has w....i.t..h...h..e...l.d.....a..n...d.................
you if this income is taxable and the IRS determines that it has not bee reported.
reported on that income for a particular
tax year.
ount No. 96000
Taxpayer No.
INSTRUCTIONS FOR RECIPPagIEe NT OF FORMS 1099 - READ CAREFULLY
XXX-XX-6789
4 of 27
The amounts listed on Forms 1099-DIV, 1099-INT, 1099-OID, 1099-MISC and 1099-B represent dividends,
Foreign Tax Paid - You may be able to claim this foreign tax as a deduction or a credit on Form 1
interest, miscellaneous income, original issue discount and/or gross proceeds payments made or credited to
your Form 1040 instructions.
your account during the calendar year.
Backup Withholding - Persons not furnishing their taxpayer identification number to the payer bec
ject to backup withholding on certain payments at a rate of 28%, including dividends, interest, and
Real Estate Mortgage Investment Conduits (REMIC's) and other Collateralized Debt Obligations (CDO's)
ceeds from dispositions of securities. See Form W-9, Request for Taxpayer Identification Number a
TAX
REPORma uhTsotlIdrNeerpGoorftaiSnRteTEreMAsItCTinaEcnodMm/oerEoCrNDOOTIDobplaigidatoiorna,cscuruchedindteurreinsgt
the tax income
year to or OID
a regular interest holder. If will not be reflected on the
you are Form
Certification, for information on backup withholding. Include this amount on your income tax return as tax withheld.
1099-INT or 1099-OID appearing on this Tax Reporting Statement because this information is unavailable to
Merrill Lynch prior to publication. Such information will be sent to you separately for inclusion on your income
1099-MISC - Miscellaneous Income (OMB No. 1545-0115)
1545-0115)
tax return.
Distributions and Charges
6. Distributions and Charges Each royalty trust is required to provide their shareholders with detailed information regarding item
income and deductions. Because the information reported to shareholders by the royalty trust inclu
Amount 775.00 109.38
If you are an investor in a limited partnership, information concerning your distributive share of the partnership's taxable income or loss (Form 1065, Schedule K-1) will not appear on the Tax Reporting StateAmmeonut.nt
SLuicmhitinefdorPmaarttinoenrswhililpbIencsoemnteto you directly from the..li.m...i.t.e..d...p.a..r.t.n..e..r.s..h..i.p..,..f.o.r...in..c..l.u.sion on your income46ta8x.72
reNtuornn-.Reportable Dividends and Interest
...........................................
0.00
irneftourrmn atwtioicneT.wehriesposrtetco tyioounonsFuormm m109a9r-iMzIeSCs, nyoounshroeupldobretcaabrelfeul not to report this income o distributions, interest earned and paid, Line 1 - Shows the income received from rental property. Report on Schedule E (Form 1040 ).
Line 2 - Shows the royalty trust income paid to your account during the tax year. Report on Sched
0.00 640.00
Non-Reportable Tax-Exempt Interest
...........................................
0.00
NToamxianbelesM-uInf iycoipuar lfeAdcecrrauleTdaxInptaeyreersItdPeantidification Nu..m...b.e..r...is...s..h..o..w..n...o..n...t.h..i.s..f.o..r.m... and includes amoun2t5s2.50
(Form Line 3
1- 0G4e0an).enradllyc, rhepaorrtgtheissatmhoauntt
oanrethed"OetthaerilIencdomine"
tlinheeof
Form
1040
and
identify
the
pa
Service. If mposted on
beNlong-TinagxatoblaenMotuhnericpipearsl oAnc,cyruoeudarIentc. oPnasiiddered a n.o..m..i.n..e..e...r.e..c..ip..i.e..n..t....Y..o..u...m...u.s..t..file Form 1099-DIV, 215029.95-0
INOTt,h1e0r9A9c-OcrIuDe,d10In9t9e-rMesISt CPaoird1099-B, as applicable,..w...it.h...t.h..e...I.R..S...,..f.o..r..e..a..c.h...o..f..t.h..e other owners to sh1o4w5.t9h6eir
shMaarergoinf tIhneteinrecsotme, and you must furnish a Form 10..9..9..-.D..I.V..,..1..0..9..9..-.I.N..T..,..1..0..9..9..-.O..I.D. , 1099-MISC or 120,9097-7B.5t4o
eSaFNeceeohentsho-RewenInpesor.trrAtaubhculteisobDnasisntdfroiborurFtwiooirfnemEissx1np0oe9tn9rse,eq1su0i9re8d,
to file 5498,
a..a..n....nd....o..m..W....i..-n..2..e..G..e.......r..e....t..u....r..n......t..o......s..h....o....w........a....mounts
owned
by14th,5e3o1t.h3e6r. 358.10
"Other Distributions and Charges" section amount shown may be payments you received as the beneficiary of a deceased employee, prizes,
taxable damages, or other taxable income. See Publication 525, Taxable and Nontaxable Inco
of the statement. Line 8 - Shows substitute payments in lieu of dividends or tax-exempt interest received by your bro
your behalf after transfer of your securities for use in a short sale. Report on the "Other Income" lin 1040.
13landlink100913.qxp
ECIPIENT OF FORMS 1099 - READ CAREFULLY
ent dividends, e or credited to
ns (CDO's) lder. If you are on the Form unavailable to on your income
Foreign Tax Paid - You may be able to claim this foreign tax as a deduction or a credit on Form 1040. See
your Form 1040 instructions.
Backup Withholding - Persons not furnishing their taxpayer identification number to the payer become sub-
ject to backup withholding on certain payments at a rate of 27%, including dividends, interest, and gross pro-
ceeds from dispositions of securities. See Form W-9, Request for Taxpayer Identification Number and
Certification, for information on backup withholding.
Include this amount on your income tax return as tax withheld.
8
1099-MISC - Miscellaneous Income (OMB No. 1545-0115) Each royalty trust is required to provide their shareholders with detailed information regarding items of trust income and deductions. Because the information reported to shareholders by the royalty trust includes the
................
................
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