1098 |
Mortgage interest paid |
All First Mortgage loans will receive this form regardless of the amount paid. The IRS only requires financial institutions to send out this form on Home Equity/Second Mortgage Loans and RV loans when the interest paid is $600.00 or greater. |
Deadline for mailing is January 31, 2025. |
If you qualify but did not receive a 1098, please contact us. NOTE: You will not receive a letter if you did not pay the $600.00 minimum in interest for the tax year. |
1099INT |
Interest earned on all accounts based on the primary SSN (excluding IRA/HSA accounts) |
Anyone who has earned a total combined interest of $10.00 or greater. |
Deadline for mailing is January 31, 2025. |
The 1099INT can only list up to 8 accounts per form. If you have more than 8 accounts under your SSN, you will receive multiple forms. Each form will list the account numbers that are included in the total. To find the amount of interest earned for a specific account, please contact us. |
1099R |
Traditional and Roth IRA distributions |
Any person making a withdrawal from a Traditional or Roth IRA regardless of age. |
Deadline for mailing is January 31, 2025. |
We do not send notification to the IRS until the end of February to allow you time to review for corrections, if applicable. |
1099SA |
HSA distributions |
Any person making a withdrawal from an HSA. |
Deadline for mailing is January 31, 2025. |
We do not send notification to IRS until the end of February to allow you time to review for corrections, if applicable. |
1099Q |
Coverdale/Educational IRA distributions |
Any person making a withdrawal from a Coverdale/ Educational IRA |
Deadline for mailing is January 31, 2025. |
We do not send notification to the IRS until the end of February to allow you to review for corrections if applicable. |
5498 |
Contributions to a Traditional and/or Roth IRA |
Any person who has made a contribution for the prior tax year |
Deadline for mailing is May 31st. Contributions can be made as late as April 15th of the following year for the prior tax year. |
Although the Deadline is May 31st, we will mail your form ASAP to allow you time to review for corrections, if applicable. |
5498ESA |
Contributions to a Coverdale or Educational IRA |
Any person who has made a contribution for the prior tax year. |
Deadline for mailing is May 31st. Contributions can be made as late as April 15th of the following year for the prior tax year. |
Although the Deadline is May 31st, we will mail your form ASAP to allow you time to review for corrections, if applicable. |
5498SA |
Contributions to an HSA |
Any person who has made a contribution for the prior tax year. |
Deadline for mailing is May 31st. Contributions can be made as late as April 15th of the following year for the prior tax year. |
Although the Deadline is May 31st, we will mail your form ASAP to allow you time to review for corrections, if applicable. |