| Form | Why you may receive this form: |
| 1099-DIV (Dividends & Distributions) |
Your fund(s) paid taxable dividend and capital gains distributions totaling more than $10. A copy of Form 1099-DIV is sent to the IRS. You must report and pay taxes on these distributions even if they were automatically reinvested to purchase additional fund shares. The "columns" noted in the following tax form sections correspond to the column headings on the forms that Prudential sends to you. |
| 1099-R (IRA, SEP, or SIMPLE Retirement Plan Information) |
Because you received a distribution of $10 or more from a tax-advantaged account. If you have more than one retirement account with a taxable distribution, you will receive a Form 1099-R for each account. A copy of this form is sent to the IRS. |
| 5498 (IRA or SEP or Retirement Plan Information) |
You own a Prudential Investments IRA, Roth IRA, or SEP IRA This form summarizes the status of your individual retirement accounts. It is also used to report the fair market value as of December 31 for your individual retirement account. In many instances, a Form 5498 will not be sent until late May, since you can make IRA contributions for the past tax year through the tax return due date excluding extensions (generally April 15th). Employer contributions to a SEP can be made up to the due date of the employer's tax return (including extensions). The information on Form 5498 is also provided to the IRS. You can refer to your year-end Prudential Investments account statement for your IRA activity and year-end account balance through December 31. This information is for your records and does not have to be filed with your tax return. |
| 1099-B (Proceeds from Broker and Barter Exchange Transactions/With Average) |
You redeemed or exchanged mutual fund shares. A copy of this form is sent to the IRS. You may receive a combined Form 1099-DIV and 1099-B: Depending on the number of funds and transactions in your account, Prudential Investments may combine IRS Forms 1099-DIV and 1099-B. The upper section of the combined form is Form 1099-DIV, and the lower section is Form 1099-B. |
| 1099-Q (Payments from Qualified Education Programs) |
You received a distribution from a Section 529 Plan or a Coverdell Education Savings Account (CESA). Recent legislation expanded the definition of a qualified tuition program to include programs established and maintained by private eligible educational institutions. Consequently, the reporting of earnings from qualified state tuition programs was moved from Form 1099-G, Certain Government Payments, to Form 1099-Q. |
| 5498-ESA (Coverdell Education Savings Account Information) |
You contributed to a Coverdell Education Savings Account (CESA). Contributions to a Coverdell ESA are reported on Form 5498-ESA. |
0169193-00004-00 Ed. 3/2011