| Tax Form |
You Will Receive This Form If You: |
Additional Form Information |
Mailing
Date |
| 1099-DIV |
- Ordinary dividends or capital gains of $10 or more, whether paid in cash or reinvested in additional shares, and/or
- Tax exempt dividends of $10 or more on a Hartford tax-free fund, whether paid in cash or reinvested in additional shares.
- Qualified Dividend Income, Foreign Tax Credit, AMT, Tax-exempt, State Income and US Treasury
|
IRS regulations do not require a Form 1099-DIV on taxable income less than $10, even though you may still be required to report this income on your return. This dividend information is included in your year-end statement. Additional information is available on our website. Federal law generally requires us to withhold a percentage of any distribution, redemption or exchange, if we do not have your correct and certified Social Security or Taxpayer Identification Number or if the IRS has instructed us to do so. If you believe your withholding was incorrect, please contact us at 888-843-7824. Supplemental Tax Information, such as Qualified Dividend Income or State Income, can be found on the Tax Guide that is posted in the Tax Center under Tax Guide |
January 31 |
| 1099-B |
Own a non-retirement mutual fund account and sold or exchanged any shares during the past calendar year. Note: 1099-B will also report information concerning your cost basis. |
IRS regulations do not require a form 1099-B on redemptions of less than 1.000 (or one) share if the gross proceeds are less than $20 even though you may still be required to report this redemption on your return. This redemption information is included in your year end statement. |
January 31 |
| 1099-R |
Took a distribution of $10 or more from your IRA or other retirement account, including return of excess contributions, early distributions and direct rollovers. An exception is trustee-to-trustee transfers which are not reportable on Form 1099-R. |
- If you take an IRA distribution and return the money within the 60-day deadline to avoid owing taxes, you will still get a Form 1099-R. Even though the transaction may not be taxable, the IRS requires all distributions to be reported. Your Form 1099-R will show the redemption. If you return the money within 60 days, you will also receive Form 5498 indicating a "rollover purchase" which offsets the distribution. As a reminder, 5498's are not mailed until May and are not required in order for you to file your tax return.
- Your state of residence when you take distributions is listed on the 1099-R, so if you took a distribution while living in one state, and then took another distribution while living in another state, you will receive separate 1099-Rs for the distributions you took in each state.
- The distribution code on Form 1099-R may show as a premature distribution in some cases. If your redemption was used for a qualified expense, you may want to consult with your tax advisor. The shareholder is responsible for reporting to the IRS how a redemption was used for qualified expenses.
|
January 31 |
| 1099-Q |
Took a distribution from a Coverdell Education Savings Account (ESA), including transfers and rollover distributions. (Form 1099-Q may also be issued for 529 college savings plans.) |
As noted in the instructions for Form 1099-Q, Hartford Funds is not required to include earnings (other than earnings on excess contributions) and basis in Boxes 2 and 3. This information must still be reported when filing your taxes.To figure earnings and basis, you may use the Coverdell ESA-Taxable Distributions and Basis worksheet in IRS Publication 970, which can be found at www.irs.gov or by calling the IRS at (800) 829-1040.
The IRS link will open in a separate window. The Hartford assumes no responsibility for content on third-party sites.
|
January 31 |
| 1042-S |
Are a non-resident alien or foreign corporation and received gross dividends on a Hartford Funds account, whether paid in cash or reinvested in additional shares. |
U.S. federal tax regulations provide Regulated Investment Companies the ability to designate certain distributions as Qualified Interest Income (QII), which may be exempt from U.S. withholding tax when paid to nonresident aliens. Any U.S. federal income tax withheld at the time of the distribution is reported in box 7a. |
March 15 |
| 5498 |
Contributed to or had any other reportable event (rollover, recharacterization, Roth conversion) on a Traditional, Roth, SEP or SIMPLE IRA. |
IRA rollovers are reported in the calendar year in which they occur. This rollover will be reflected on the Form 5498 that you will receive next year. The IRS requires that we report SEP and SIMPLE contributions in the year they are received, regardless of the tax year for which they are made. If you have exceeded the IRS contribution guidelines for your plan type and are in an "over-contribution" status, you can request the excess funds be removed by completing the appropriate Return of Excess Contribution Form within Hartford Funds Forms and Literature |
May 31 |
| 5498-ESA |
Contributed to a Coverdell ESA for the current tax year, including transfer and rollover contributions, but excluding contributions made between January 1 and April 15 designated for the prior tax year. |
Contributions to the Coverdell ESA are not tax deductible. However, the growth is tax deferred and qualified distributions are federal income tax free. As of 2025, the current annual maximum contribution to a Coverdell ESA is $2,000. Contributions are subject to an income-based phase out, please refer to the Internal Revenue Service website for the current guidelines. |
May 1 |
