About the Online Delivery of Tax Statements - Tax Statement Delivery Information

Sep 19, 2026

Upload by Ezra

Explains when and how tax statements and related tax documents are made available online for beneficiaries of eligible account types, while noting that paper copies continue to be provided. Details which statement formats may be suppressed for certain agency accounts and lists timing windows by investment type across the tax season. Identifies categories of tax statements not available online, addresses availability of corrected or amended statements, and clarifies how a power of withdrawal from an irrevocable trust affects the online documents received.

LanguageEnglish

CategoryLetters

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

About the online delivery of my tax statements

What tax statements will be available online?

When will my tax statements be available online?

What tax documents will not be available online?

Will corrected or amended tax statements be available online?

How does a power to withdraw from an irrevocable trust affect online documents?

About the online delivery of my tax statements What tax statements will be available online? Your tax statements will be made available to you online if you are the beneficiary of an irrevocable trust; the grantor of a grantor type trust; the owner of an agency account; the owner of an Individual Retirement Account; or the owner of an Alternative Investment product issuing a 1099 or Schedule K-1 (see “What tax statements will not be available online” section below for exceptions) . You will continue to receive a paper copy of all your tax statements. On agency accounts (Form 1099), you can now elect to suppress the paper mailing. You can do this from the Paperless Settings page for your eligible accounts. You will continue to receive a paper copy of all other tax statements. When will my tax statements be available online? The timing of your tax statement delivery generally depends on the types of investments held within each account during the tax year. If your account holds: -Mutual Funds and Common Trust Funds – tax statements generally available by the end of February. -Master Limited Partnerships and Exchange Traded Funds – tax statements are generally available in late February to March -Real Estate Mortgage Investment Conduits (REMIC); Mortgage Backed Securities (MBS); Federal National Mortgage Association (FNMA); Government National Mortgage Association (GNMA); or Real Estate Investment Trusts (REITs)– tax statements generally available early-to-mid March. -Hedge Funds and Private Equity Funds issuing 1099s – tax statements are generally available in late March or April. -Hedge Funds and Private Equity Funds issuing Schedule K-1s – tax statements are generally available in late August or September. -Extended returns – tax statements for extended trust returns will be available once the return is completed. You will receive an email notification when your tax documents are available online. What tax documents will not be available online? Tax statements from certain accounts will not be available online. These include trusts with a tax year-end other than 12/31 and tax statements that require a manual attachment of additional documentation such as a grantor trust with partnership holdings. Additionally, Hedge Funds and Private Equity Funds Schedule k-1s for retirement accounts will not be available online. Will corrected or amended tax statements be available online? Yes. If your original tax statement is available online, any corrected or amended tax statement will also be provided online. These statements will be identified with the word “Updated” in the Statement Type column. You will also receive a paper copy of any corrected or amended tax statements , with the exceptions for corrected 1099s where you have elected to suppress paper mailings. If your Hedge Funds and Private Equity Funds tax document is revised, the original tax document will be removed and the revised document will be reuploaded with notification to owner 24 hours of tax doc posting. I have a power to withdraw from an irrevocable trust account, how does that affect what I will see online? You may receive two different tax reporting statements to be included on your personal income tax return(s): -If you have a power of withdrawal over a trust account, you will receive a grantor type letter representing that power. This document will be identified in the Statement Type as “TAX REPORTING STMT – GRANTOR”. -If you are an income beneficiary of the same trust you may also receive a Schedule K-1 (Form 1041) from that trust. For the years that you do receive a Schedule K-1 (Form 1041) representing your interest as a beneficiary, that document will be identified as “TAX REPORTING STMT – Sch K-1” in the Statement Type column. For additional questions related to the online delivery of your tax statements please contact your Advisor. Bank of America Private Bank is a division of Bank of America, N.A., Member FDIC, and a

FAQs

What account types make a taxpayer eligible to receive tax statements online?

Tax statements are available online for beneficiaries of an irrevocable trust, grantor-type trust grantors, owners of agency accounts, owners of IRAs, and owners of Alternative Investment products that issue a 1099 or Schedule K-1.

When are tax statements typically available online, and does timing vary by investment type?

Yes. Timing depends on the investments held, with mutual funds and common trust funds generally available by late February, certain partnerships and ETFs in late February to March, REMIC/MBS/FNMA/GNMA/REIT statements early-to-mid March, and hedge funds/private equity in late March to April or late August to September for Schedule K-1s.

Are corrected or amended tax statements also provided online?

Yes. Corrected or amended statements are provided online when the original is available, marked with “Updated” in the Statement Type column, and paper copies are also sent except for corrected 1099s where paper mailing was suppressed.

Sep 19, 2026

Upload by Ezra