Tax document mailing dates

Important notes about your tax documents

  • Tax document mailing dates vary depending on the types of accounts and investments you own.1, 2 See mailing status below.
  • For jointly-owned accounts, tax documents are sent only to the person whose name and taxpayer identification number (Social Security Number for individuals) is shown on the account.
  • For accounts owned by a trust, tax documents are sent to the trustee. 
  • For corporations or other entities, tax documents are sent to the corporation's designated agent.
  • For brokerage and certificate accounts, tax documents are viewable online by the designated account owner. Owners under age 18 and entities such as trusts or corporations are not able to view online tax documents.
  • We recommend waiting to file tax returns until each taxpayer in your household (or group) whose income could affect your tax return receives tax documents for all of their accounts with reportable activity in 2020.
  • Copies of most tax documents will be available on the secure site on ameriprise.com as they are mailed. Register or log in.
  • Some RiverSource® annuity tax documents are only available on riversource.com. Log in.
  • The IRS filing deadline for 2020 individual tax returns is April 15, 2021.
  • New this year:  tax documents are eligible for e-delivery for clients who are registered for the secure site on ameriprise.com.3
Tax documents Account / Investment type Mailing status
1099 Consolidated Tax Statement 4,5

Includes the tax documents below

  • 1099-B, Proceeds from Broker and Barter Exchange Transactions6,7
  • 1099-DIV, Dividends and Distributions8
  • 1099-INT, Interest Income8
  • 1099-MISC, Miscellaneous Income9
  • 1099-OID, Original Issue Discount8
  • Supplemental documents
     
  • Ameriprise® brokerage accounts (nonqualified10)
  • Ameriprise® Managed Accounts investments (nonqualified10)
  • Ameriprise® certificates (nonqualified10)
     
  • Mailed by Feb. 16, 202111
1099-INT, Interest Income8
  • RiverSource insurance
  • Mailed by Feb. 1, 202111
Additional tax reporting for REMICs, CDOs, WHFITs and WHMTs12

Includes updated tax documents below, as applicable:

  • 1099-INT, Interest Income
  • 1099-OID, Original Issue Discount
  • Supplemental documents
  • Updated tax documents for the above account types holding investments in:
    • Real Estate Mortgage Investments Conduits (REMICs)
    • Collateralized Debt Obligations (CDOs)
    • Widely Held Fixed Investment Trusts (WHFITs)
    • Widely Held Mortgage Trusts (WHMTs)
  • Mailed by March 15, 2021
1099-R13

Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

 

  • Traditional IRA, SEP, SIMPLE and ROTH IRA plans and other retirement plans 
  • RiverSource® annuities (nonqualified10)
  • RiverSource® insurance
     
  • Mailed by Feb. 1, 202111
1099-LTC, Long-Term Care and Accelerated Death Benefits
  • RiverSource insurance
  • Mailed by Feb. 1, 202111
1099-Q, Payments from Qualified Education Programs (Under Section 529 and 530)

 

  • Coverdell Education Savings Accounts (CESA)
  • 529 College Savings Plan
  • Mailed by Feb. 1, 202111
5498, IRA Contribution Information
  • Traditional IRA, SEP, SIMPLE and ROTH IRA plans and other retirement plans invested in all products. 
    • Contributions and rollovers for the 2020 tax year, made between Jan. 1 and Dec. 31, 2020
    • Dec. 31, 2020 fair market value (FMV)14
    • Required minimum distribution (RMD) information for those who qualify
  • Mailed by Feb. 1, 202111

Updated 549815

  • Traditional IRA, SEP, SIMPLE and ROTH IRA plans and other retirement plans with any of the following as applicable:
    • Contributions or contribution changes for the 2020 tax year made between Jan. 1, 2021 and the April 15, 2021 funding deadline
    • Updated fair market value (FMV)
    • Updated required minimum distribution (RMD) amounts11 for those who qualify
    •  Hard-to-value asset information
  • Mailed by June 1, 202111
5498-ESA, Coverdell ESA Contribution Information14
  • Coverdell Education Savings Accounts (CESA)
  • Mailed by Feb. 1, 202111
Updated 5498-ESA15
  • Coverdell Education Savings Accounts (CESA) with contributions or contribution changes for the 2020 tax year made between Jan. 1, 2021 and the April 15, 2021 funding deadline
  • Mailed by April 30, 2021

1042-S, Foreign Person’s U.S. Source Income Subject to Withholding

  • Traditional IRA, SEP, SIMPLE and ROTH IRA plans and other retirement plans
  • Nonqualified investments:
    • Ameriprise brokerage accounts or Managed Accounts investments 
    • Ameriprise certificates
    • RiverSource annuities
  • Mailed by March 15, 2021

Why you may not receive a tax document for a small amount

  • If your accounts earned less than $10 in income for the calendar year, you generally will not receive 1099-DIV, 1099-INT or 1099-OID forms because the IRS does not generally require tax reporting for these amounts.
  • There are exceptions to this rule. We will issue a tax document if there was any amount of backup withholding, early withdrawal penalty, or foreign tax paid on accounts that earned less than $10 in income for the calendar year.
  • You may still need to report this income on your tax return. The total amount of income earned in 2020 in your account(s) can be viewed in the Activity Detail section on your last financial statement for 2020 and on your Ameriprise annual financial statement (available only on the secure site on ameriprise.com).

Why you might receive a Form 1042-S for account(s) owned by a U.S. entity

  • Entities that have not provided Ameriprise with a certified Taxpayer Identification Number (TIN) are treated as foreign entities for Foreign Account Tax Compliance Act (FATCA) purposes. A certified TIN is one provided on Form W-9.
  • Nonqualified10 accounts owned by entities such as trusts, corporations, partnerships, estates, etc., (not individual clients) without a certified TIN on file during any part of the year, will be subject to withholding on interest and dividend income during that time, under Chapter 4 of the Internal Revenue Code (currently 30%).
  • If Ameriprise does not have a certified TIN on file for your account(s) at any time during the year, you may receive Form 1042-S reporting interest and dividend income and associated Chapter 4 withholding.
  • You may also receive any applicable Forms 1099-B reporting sale proceeds, cost basis information, and possibly other tax reporting if you had any sales and redemptions or if your TIN was certified at some point during the year.

Why you might receive updated tax documents

  • One of the reasons you might receive updated tax documents is due to income reclassification. You can anticipate an updated document(s) if any of your nonqualified10 Ameriprise brokerage accounts or Managed Accounts investments hold investments in real estate investment trusts (REITs), Unit Investment Trusts (UITs) and certain mutual funds.
  • Income reclassifications and other adjustments are made by some companies that issue stock or mutual funds. They may provide updated information too late to be incorporated into the year-end tax documents.
  • Ameriprise may send updated tax documents when we receive revised information from the investment issuer, or when your account has other information changes.4,5
  • Tax reporting updates due to income reclassification can occur any time throughout the year.
  • We will only send new or updated tax document(s) for accounts affected by changes. We will not resend any 2020 tax documents that don’t require updates.
  • To make it easier for you and your tax preparer to find the changes that were made to your tax reporting, amended tax packages for nonqualified10 Ameriprise brokerage accounts will include a summary of changes
  • You may also receive updated tax documents for other reasons, such as account corrections or cost basis updates.
  • For more information review reclassification information at ameriprise.com/taxprofessionals.
1You may receive multiple tax document packages depending on the types of accounts and investments you own. Documents will be mailed by the IRS mailing deadline, unless there are extenuating circumstances that prevent us from meeting the deadline. If we are unable to meet the deadline, we will apply for an extension from the IRS.
2Tax documents with the same mailing deadline are mailed together in one tax document package if they have the same taxpayer identification number (Social Security Number for individuals), Ameriprise client ID number, address and Ameriprise financial advisor.
3Clients are eligible for e-delivery if they are an individual (not an entity such as LLC or irrevocable trust), are not a minor, are registered for the secure site on ameriprise.com and have a valid email address on file. Clients should log into the secure site and navigate to the My Profile link, then click on Document Delivery Preferences to opt-in to e-delivery. 
4If you own Ameriprise® brokerage account(s) or Managed Account investment(s) that are not part of an IRA or other retirement plan, the investments you hold may reclassify the income you received which may result in updates to the tax documents you already received from Ameriprise Financial. To make it easier for you and your tax preparers to find the information needed for tax returns, we will only send new or updated tax document(s) for accounts affected by changes. We will not resend any 2020 tax documents that don’t require updates.
5Ameriprise applies the De Minimis Error Safe Harbor rules (under IRC 6721 & 6722) for some updates to tax reporting. The rules allow financial institutions not to produce updated tax reporting for the client and the IRS for certain small changes of $100 or less ($25 or less for tax withholding). You can choose to receive updated tax documents regardless of the amount of the change. For more information, visit Tax filing FAQ at ameriprise.com/taxcenter.
6The IRS mailing deadline is Feb. 16, 2021 for Form 1099-B, and other forms related to an account which could receive a Form 1099-B. The Form 1099-B generally reports sales of securities. The mailing date for an account that could receive a Form 1099-B is Feb. 16, 2021, even if no Form 1099-B is required because there were no sales in the account.
7Some issuers, most frequently mutual funds and real estate investment trusts, may revise prior year tax data in a way that results in changes to 2020 redemptions or exchanges, requiring updates to Forms 1099-B or 1099-DIV.  The 1099-B can change because the basis of the asset is reduced by a return of capital. 
8Distributions under $10 from nonqualified brokerage and managed accounts are not reported to the IRS under the De Minimis Error Safe Harbor rules (under IRC 6721 & 6722).
9Form 1099-MISC may have a mailing deadline of Feb. 1, 2021 when it isn’t issued as part of a nonqualified brokerage or Managed Account investment consolidated tax document. Form 1099-MISC is not available for import into H&R Block® tax preparation tools.
10Nonqualified accounts are those that are not part of an IRA, education savings plan, or other retirement plan.
11IRS deadlines for tax document mailing, individual tax return filing, IRA and Coverdell contributions and estimated tax payments are delayed to the next business day if they fall on a weekend or legal holiday.
12 Clients who own REMICs, CDOs, WHFITs or WHMTs and other types of investments in their brokerage or managed account(s) will receive a consolidated tax document package by Feb. 16, 2021. They may also receive a revised tax package by the IRS due date of March 15, 2021, that reports updated and additional tax information we receive from issuers of their REMICs/CDO/WHFIT/WHMT investments. To make it easier for you and your tax preparers to find the information needed for tax returns, we will only send new or updated tax document(s) for accounts affected by changes. We will not resend any 2020 tax documents that don’t require updates.
13Ameriprise does not apply the $10 De Minimis Error Safe Harbor rules (under IRC 6721 & 6722) for Form 1099-R. You will receive those forms regardless of the amounts being reported.
14If your IRA plan includes certain hard-to-value investments, the fair market value of the plan shown on Form 5498 that is mailed by Feb. 1, 2021; may change. In some cases, we receive updated valuations for Dec. 31 after year-end statements have been mailed. Updated information will be incorporated into Form 5498, which will be mailed by June 1, 2021. This information may be useful for certain taxpayers, for example those taxpayers taking required minimum distributions.
15If the Form 5498 we mail by Feb. 1, 2021 has a zero value in the hard-to-value asset information populated on Lines 15a, FMV of certain specified assets and Line 15b, Code(s), information was not available to Ameriprise at that time. If your IRA plan includes hard-to-value assets, your updated Form 5498 mailed by June 1, 2021 will contain information in Lines 15a and 15b.
Neither Ameriprise Financial nor its representatives or affiliates may provide tax or legal advice. Consult with your tax advisor or attorney regarding specific issues.
Ameriprise Financial Services, LLC. Member FINRA and SIPC.