FAM Funds
Fenimore Private Client Group
Investment Advisors
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FAM Funds

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Tax Center

In addition to your year-end statement, FAM Funds will provide you with a tax statement of your dividend and capital gains distributions on Form 1099 DIV for taxable accounts. Proceeds from a sale on a non-retirement or taxable account are reported on Form 1099-B. Proceeds from a sale on a retirement account are reported on Form 1099-R. You must report these proceeds on your taxes. We are also required to provide copies of these forms to the IRS.  

Overview of Common Tax Forms

Mailed By

Form 1099-B
Reports proceeds from the sale or exchange of non-retirement Fund shares received during the year (if you sold or exchanged shares). 

January 31, 2018

Form 1099-R
Reports distributions from retirement accounts, such as Traditional and Roth IRAs, and any Federal Income Tax withheld. 

January 31, 2018

Form 1099-Q
Reports distributions made from a Coverdell Education Savings Account. 

January 31, 2018

Form 1099-DIV
Reports ordinary dividends and capital gain distributions received in your taxable Fund account(s). IRS Rules do not require that a 1099-DIV be sent to a shareholder for amounts less than $10. 

January 31, 2018

Form 5498-ESA
Reports contributions to a Coverdell Education Savings Account. 

May 7, 2018

Form 5498
Reports Traditional and Roth IRA contributions (includes rollover contributions), and fair market values. 

May 7, 2018

 

FAM Funds: Tax Center
In addition to your year-end statement, we will provide you with a tax statement. Here is an overview of common tax forms along with their mailing dates: