2020 Important Tax Form Mailing Schedule
LPL Financial 2020 Mailing Schedule for 2019 Tax Information
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Tax Forms You May Receive - American Funds/Capital Group
Each year, American Funds will send you tax forms based on the type of account you own and the activity that took place in your account throughout the year.
To help protect your information, the first five digits of your Social Security number or tax identification number will be concealed on all of your tax forms.
Here are some common tax documents that you may receive from American Funds.
Year-End Statement
This statement is sent in early January to all American Funds account owners whose accounts were still open after September 30. It contains all activity for the tax year, including:
- original price per share of all purchases and reinvestments
- contributions and transfers to CollegeAmerica® accounts
- year-end account value
- a required minimum distribution (RMD) notice to IRA account owners who will be age 70½ or older in the upcoming year
Note: For tax purposes, you should keep your year-end statements for at least six calendar years after the final sale of your fund shares.
This form is sent to most non-retirement/non-education account owners who received a taxable dividend, exempt-interest dividend or capital gain distribution. The form includes:
- total ordinary dividends
- qualified dividends
- total capital gain distributions
- nondividend distributions
- federal income tax withheld
- foreign taxes paid
- federally tax-exempt income dividends from American Funds municipal bond funds
- private activity bond interest used to calculate alternative minimum tax, if that tax applies to you
- Section 199A dividends
Online By: Late January
Mailed By: January 31, 2020
Reports distributions from ABLEAmerica accounts, including the following:
- Earnings and basis amounts for gross distributions
- Excess contributions returned to the contributor
- Program to Program Transfer. The dollar amount of the program to program transfer isn't reported on the form
- ABLE Account Termination During Tax Year
- Recipient isn't the Designated Beneficiary
Online: Not available
Mailed By: January 31, 2020
This form is sent to most non-retirement/non-education account owners who sold or exchanged shares of American Funds (other than American Funds U.S. Government Money Market Fund℠). The form includes information on all sales and exchanges of shares, including the:
- date of each sale
- number of shares sold
- share price and dollar amount of each transaction
- cost basis information when available
- long- and short-term gain or loss information when available
Online By: Late January
Mailed By: January 31, 2020
This form is sent to owners of traditional, Roth, SEP and SIMPLE IRAs and other retirement accounts who received distributions from their accounts.
Online By: Mid-January
Mailed By: January 31, 2020
This form is sent to owners of CollegeAmerica and Coverdell ESA accounts who received distributions from their accounts. The form includes information on:
- CollegeAmerica distributions including the basis and earnings
- Coverdell ESA distributions and fair market value as of December 31
Online By: Mid-January
Mailed By: January 31, 2020
This form is sent to California residents who had state backup withholding. The form includes information on the withholding.
Online By: Mid-January
Mailed By: January 31, 2020
This form is sent to nonresident aliens and eligible foreign entities. It reports income received by nonresident aliens or foreign entities that have valid tax documentation of foreign tax status on file with American Funds. The form includes information on:
- gross income paid
- country of tax residence
- nonresident alien (NRA) tax withheld
- applicable NRA withholding rate
- applicable Foreign Account Tax Compliance Act (FATCA) tax withheld
Online By: Mid-March
Mailed By: March 16, 2020
This form is sent to Coverdell ESA beneficiaries/recipients whose accounts received a contribution or transfer.
Online By: Late April
Mailed By: April 30, 2020
This form is sent to traditional, Roth, SEP and SIMPLE IRA owners who made contributions to their accounts. The form includes information on:
- IRA, rollover and recharacterization contributions to traditional IRAs
- Roth, rollover, conversion and recharacterization contributions to Roth IRAs
- rollover contributions to SEP and SIMPLE IRAs
- fair market value of account as of December 31
- indication whether IRS has been notified that account is subject to required minimum distribution (RMD) rules (if IRA owner will be age 70½ or older)
Online By: Late May
Mailed By: June 1, 2020
Reports contributions, rollovers, and program to program transfers to ABLEAmerica accounts, including the following:
- Fair market value
- Checkbox to indicate if the account opened during the tax year
- Basis of eligibility
- Disability code
Online: Not available
Mailed By: March 16, 2020
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Important Tax Deadlines
See below for important federal tax deadlines and tax form mailing dates.
Deadlines for Account Transactions
December 31, 2019
- Traditional or Roth IRA conversions or transfers
- Gifts to CollegeAmerica® plans for 2019
- Gifts to individuals or charitable donations for 2019
- Required minimum distributions (RMDs) from retirement accounts
Important: Transaction requests received after 4:00 p.m. Eastern time on December 31, 2019, will be processed on the next business day (January 2, 2020) and will be reported for tax year 2020.
March 16, 2020
- Federal tax filings and payments for S corporations and partnerships (with tax year-end of 12/31)
April 15, 2020
- Traditional and Roth IRA contributions for 2019
- Education Savings Account contributions for 2019
- Federal tax filings and payments for individuals, C corporations and sole proprietorships (with tax year-end of 12/31)
September 15, 2020
- Federal tax filings for S corporations and partnerships that requested an extension with the IRS
October 15, 2020
- Federal tax filings for individuals, C corporations (with tax year-end of 12/31) and sole proprietorships who requested an extension with the IRS
Note: American Funds cannot determine who is eligible for a tax-filing extension. Speak to your financial professional or visit the IRS website for information about tax relief.