2021 tax documents - mailed on or before IRS mailing deadlines shown below.
Mailing schedule for 2021 tax documents
January 31, 2022
| Forms 1099-R and 1099-Q |
These forms provide information on distributions from your Individual Retirement Account (IRA), Coverdell Education Savings account, or 529 Plans. |
| IRA Corrected Valuations (for accounts with no December Statement) |
This statement reports your year-end IRA portfolio valuation. |
| Market Value and RMD Information (Form 5498) |
Included in your enclosed December 2021 account statement. This shows the value of the account as of the last business day of the year and information regarding your Required Minimum Distribution (RMD), if applicable. |
| Form 1099-NEC |
This form provides information solely for reporting nonemployee compensation. |
February 15, 2022
In the forms listed below:
- Consolidated Statement & Form 1099-DIV
- Form 1099-INT
- Form 1099-OID
- Form 1099-B
- Form 1099-MISC
- Form 1099-C
- Form 1099-OID (REMIC)
- Form 1099-B/Form 1099-INT (WHMT)
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Information is provided on the following:
- Dividends and other distributions
- Reportable interest income
- Original issue discount income (other than CMO/REMIC instruments)
- Proceeds of sales, redemptions and tenders
- Royalties, substitute payments, and miscellaneous income
- Cancellation of debt OID and interest accruals from CMOs/REMICs
- Widely Held Mortgage Trust receipt-based reporting on mortgage pools
|
March 15, 2022
| Form 1042-S |
This form is used to report payments to foreign persons including non-resident aliens, foreign partnerships, foreign corporations, foreign estates and foreign trusts. |
March 31, 2022
| Form 2439 |
This form provides the amount of undistributed long term capital gains to shareholders of a regulated investment company (RIC) or a real estate investment trust (REIT). |
May 2, 2022
| Form 5498-ESA |
In most cases, this information will accompany your December 2021 statement and reports contributions, rollovers, and direct transfers to your Coverdell Education Savings Accounts. Amended information will be sent by the given date for accounts that have made 2021 contributions after the last day of December 2021 but on or before April 18, 2022. |
May 31, 2022
| Form 5498 |
In most cases, this information will accompany your December 2021 statement and reports contributions, rollovers, and fair market value of your IRA (other than Coverdell Education Savings Account). Amended information will be sent by the given date for accounts that have made 2021 contributions after the last day of December 2021 but on or before April 18, 2022. |
Schedule K-1
Master Limited Partnership (MLP) income and capital account (or cost basis) information will be mailed to you directly from the Limited Partnership General Partner in March or early April 2022. (This information is not provided by Wells Fargo Clearing Services, LLC.) The IRS mailing deadline for this information is March 15, 2022.
Check your eligibility to save with a Traditional and/or Roth IRA based on rules found in the Internal Revenue Code (IRC). To learn more visit IRA Eligibility.
If you have too much withheld, it’s like making an interest-free loan to Uncle Sam. If you have too little withheld, it may mean you’ll have to pay more and, possibly, a penalty when you file your return.
An IRS Tax Withholding Estimator is available to help you project your tax bill and adjust your withholding, if needed. And don’t forget about your state income tax payments. Many states require quarterly tax payments if your withholding will not cover your tax bill.
