When creating tax forms for investment accounts there can be a lot of information to compile. Brokerages must wait for companies to provide information on every security you held in your account last year (yep, every one.) before your tax forms are created. That means we can't pinpoint the exact date when your forms will be ready, but we can give you a good idea.
February 15, 2013: Most 1099s will be available online by this date. This is the IRS deadline for brokerages to provide tax forms to their customers.
We'll email you as soon as your tax form is available.
Why you might not get a tax form online by February 15
- To minimize the chances of amended tax forms, the IRS allows us to delay some tax forms past the standard February deadline. This is rare and is intended to reduce your chances of needing to re-file.
- If you didn't receive any sale proceeds or significant dividends last year, you're probably not going to receive a tax form. If you don't hear from us by March 18, it's likely that you won't receive a tax form for your ShareBuilder account.
- IRAs and ESAs get a different form which will be available online by January 31 starting with the 2012 tax year.
Tax forms can change
Although it's rare, some companies update the tax information they provide, even into March and April. If your 1099 is affected, we'll update your form and email you.