When will you send tax forms (i.e. 1099, 1098) to your members?
Tax forms are sent to members by January 31st each year. You will only receive a 1099-INT if you earned a total of $10.00 or more in interest in the previous tax year. The bottom of every statement will show year-to-date interest accrual. A 1099-R will be sent if you made any deductions from your IRA in the previous tax year. You can view and print these documents in Online Banking under the Menu, Services, and Statements.