Tax Mailing Schedule for 2025

Important Reminder for Pershing’s IRS Form 1099 (B, DIV, INT, OID and MISC): As a reminder, by February 14, you will be delivered either your 1099 form or a Pending 1099 Notice. The Pending 1099 Notice will be sent if issuers of securities you hold have not yet provided their final tax information. It will inform you of the securities that are pending final reporting and will provide the anticipated delivery date of your 1099 form. Your 1099 will be delivered no later than March 14.

Mailing Phase	Scheduled Date	Mailing Event
Phase 1	January 31	Form 1099 will be mailed for accounts with holdings and income that typically do not require reclassification or additional information from issuers. Generally, this includes accounts holding stocks, bonds, and options.
Phase 2 NEW!	February 7	Form 1099 delivery will begin for accounts that include mutual funds, real estate investment trusts (REITs) and certain equities for which issuers have finalized any income reclassifications and Pershing has completed processing *. Revision delivery for 1099s sent in Phase 1, as required.
Phase 3	February 14	Form 1099 delivery will continue for accounts that include mutual funds, REITs and certain equities for which issuers have finalized reporting and Pershing has completed processing after the February 7 delivery*. Pending 1099 Notices will be delivered for accounts where Pershing is still awaiting data from issuers or in cases where Pershing has not completed processing and review of all information. The notice will list investments that are awaiting information from issuers or trustees or final review and will indicate the possible delivery date of an investor’s 1099. This notice, which will be in Document Center> Tax Documents, will be delivered when information is not finalized before the February 14 delivery is prepared. Revision mailing for 1099s sent in Phase One and Phase Two, as required.
Phase 4 NEW!	February 21**	Form 1099 delivery will continue for accounts that include mutual funds, REITs and certain equities for which issuers have finalized reporting and Pershing has completed processing after the February 14 delivery*. Revision delivery for 1099s sent in Phase One through Phase 3, as required.
Phase 5	February 28**	Form 1099 delivery will continue for accounts that include mutual funds, REITs and certain equities for which issuers have finalized reporting and Pershing has completed processing after the February 21 delivery, as well as accounts holding certain unit investment trusts (UITs), and Widely Held Fixed Investment Trusts (WHFITs). Revision mailing for 1099s sent in Phase One through Phase Four, as required.
Phase 6 NEW!	March 7**	Form 1099 delivery will continue to be delivered for accounts for which Pershing can now include information that has been finalized from issuers of mutual funds, REITs, and remaining unit investment trusts (UITs) and Pershing has completed processing after the February 21 delivery*. Revision mailing for 1099s sent in Phase One through Phase Five, as required.
Phase 7	March 14**	Form 1099 delivery will occur for all remaining accounts, regardless of whether pending income reclassifications for the account’s income have been received from issuers. This delivery will also include accounts holding complex non-equity securities, such as real estate mortgage investment conduits (REMICs). Revision mailing for 1099s sent in all previous phases, as required.

* Holding only these types of securities does not guarantee that your clients’ tax statements will be mailed on the indicated dates.** Pershing’s 30-day extension to the mailing requirement will accommodate these phases of the mailing.