Pershing, a BNY Mellon company, provides tax reporting on our behalf. The mailing date of your Form 1099 depends on the types of holdings in your account. The following schedule will apply, although dates are subject to change:
Type of Account*
Accounts with holdings and income that typically do not require additional information from issuers. Generally, this includes stocks, bonds and options.
Accounts holding more complex securities, for which issuers provided final tax information after January 31. Generally, this includes mutual funds, certain unit investment trust (UITs), real estate investment trusts (REITs) and certain equities that were not included in the January 31 mailing.
If you hold positions for which issuers have not yet provided final tax information, you may receive a Pending 1099 Notice from Pershing.
Accounts for which final tax information and/or income reclassifications were received after Feb. 15. Generally, this includes remaining mutual funds, REITs and certain equities.
Form 1099 will be mailed for all remaining accounts regardless of whether pending income reclassifications have been received from issuers. Generally, this includes certain complex non-equity securities such as real estate mortgage investment conduits (REMICs), widely held fixed investment trusts (WHFITs) and some UITs.