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"When will I receive my 1099?"

"When will I receive my 1099?"

January 26, 2024

It's tax season and the million dollar question we are asked each year is "when will I receive my 1099?" Excellent question!

Below is the tax mailing schedule that Pershing / Cambridge has shared to help you plan for this tax season. Please note that Cambridge provides the 1099, not our office, via mail or eDelivery, depending on your previously selected preference.


Mailing Phase 1 - January 31: (accounts with only stocks, bonds, and/or options.)

Holdings and income that typically do not require reclassification or additional information from issuers. Includes stocks, bonds, and options.

Holding only these types of securities does not guarantee clients’ tax statements will be mailed on this date.

Mailing Phase 2 - February 15: 

Form 1099 will be mailed for accounts holding mutual funds, certain unit investment trusts (UITs), real estate investment trusts (REITs) and certain equities, because the issuer provided their final tax information after the January 31 mailing is prepared. Holding only these types of securities does not guarantee client’s tax statement will be mailed on this date.

Pending 1099 notices will be mailed for accounts missing data from issuers or in cases where Pershing has not completed processing and review of all information prior to the February deadline. These documents can also be viewed at NetXInvestor. These investments include a possible mail date.

Revision mailing for 1099s sent in Phase 1 will also mail.


Mailing Phase 3 - February 28: (If you did not receive the 1099 after the February 15th mailing, then you may fall under this category.)

Finalization from the Pending 1099 Notice listed in Mailing Phase 1 and 2. Remaining mutual funds, REITs and certain equities. Holding only these types of securities does not guarantee client’s tax statement will be mailed on this date.

Revision mailing for 1099s sent in Phases 1 and 2.

Mailing Phase 4 - March March 15: 

All remaining accounts, regardless of pending income reclassifications for account’s income have been received from issuers. Generally, includes accounts holding complex non-equity securities (real estate mortgage investment conduits), widely held fixed investment trusts and some UITs

Revision mailing for 1099s sent in all previous phases.

Additional notes:

Pershing’s 30-day extension to the mailing requirement will accommodate phases 2, 3 and 4 of the mailing.

During the phased mailing, 1099 drafts are available via netxinvestor.com for accounts pending final reporting. Securities pending 1099 reporting will be provided on a “waiting for data page” within the 1099 draft.


The following information is included in your January statement:

Important Reminder for Pershing’s 2023 IRS Form 1099 (B, DIV, INT, OID and MISC): As a reminder, by February 15, 2024, you will be mailed either your 1099 form or a Pending 1099 Notice. The Pending 1099 Notice will be sent if issuers of securities you hold have not yet provided their final tax information. It will inform you of the securities that are pending final reporting and will provide the anticipated mail date of your 1099 form. Your 1099 will be mailed no later than March 15, 2024.


As always, please let us know if we can be of assistance to you.