Your Source For Tax-Related Information
Information provided here is neither tax nor legal advice and is general in nature. You should consider consulting your tax advisor, financial advisor or local taxing authority for specific information regarding your tax situation as every tax situation is different. Federal and state laws and regulations are subject to change and may have a material impact on pre- and/or after-tax investment results. U.S. Global Investors Inc. and the U.S. Global Investors Funds disclaim any liability arising out of your use of, or any tax position taken in reliance on, such information.
| DOCUMENT | DESCRIPTION | HOW/WHEN IT IS AVAILABLE |
|---|---|---|
| Cost Basis Reporting Guide | Describes the new cost basis reporting rules and methods associated with taxable accounts. | Available online |
| USGI Tax Guide | The forms shown in this guide are for illustrative purposes only. All form layouts and information may be subject to change based on IRS updates. Please visit irs.gov for the most updated information. | Available online |
| DOCUMENT | DESCRIPTION | HOW/WHEN IT IS AVAILABLE |
|---|---|---|
| 2023 Year-End Fund Distributions per Share | Shows the income dividend and capital gain distributions by each U.S. Global fund | Available online |
| 1099-DIV | Reports dividends, capital gains distributions, as well as foreign tax credit and withholding, for non-retirement accounts. Beginning in the 2012 tax year, federally tax-exempt income dividends from a municipal bond fund will be reported on the 1099-DIV. | Mailed by February 15 |
| 1099-INT | Federally tax-exempt income from a municipal bond fund will be reported on the 1099-DIV. | No longer produced |
| 1099-B | Reports proceeds from the redemption or exchange of mutual fund shares. | Mailed by February 15 |
| 1099-R | Reports full or partial distributions from IRAs including IRA conversions and recharacterizations. | Mailed by January 31 |
| 1099-Q | Reports distributions from Coverdell Education Savings accounts. | Mailed by January 31 |
| 5498 | Reports contributions to IRAs including IRA conversions and recharacterizations. | Mailed in May |
| SUPPLEMENTAL INFORMATION | DESCRIPTION | HOW/WHEN IT IS AVAILABLE |
|---|---|---|
| Qualified Dividends and Source of Government Income | Helps assist shareholders with reporting qualified dividends and helps you calculate what portion of ordinary dividends derived from interest earned on U.S. Government securities. | Available online |
| Source of Foreign Income | Helps you calculate whether you can claim foreign taxes withheld as either a credit or deduction. | Available online |
| State Tax Report for Municipal Bonds | Helps assist you with state tax returns by providing a percentage of income earned by state. | Available online |
| IRS PUBLICATIONS AND FORMS | DESCRIPTION | HOW/WHEN IT IS AVAILABLE |
|---|---|---|
| Pub 590 | Individual Retirement Arrangements (IRAs) *IRS forms will automatically update with 2023 information once available. | Available online |