2009 Important Dates and Tax-Related Materials

 

What? When? Who and Why?
Estimated Capital Gains December 4 A letter will be mailed to nonretirement fixed income and equity investors with 10/31/09 capital gain estimates.
Required Minimum Distribution December 18 A letter will be mailed to investors who have reached 70½ or who will reach 70½ in 2010 reminding them of minimum distribution requirements.
Record date December 18 Record date for distributions.
Payable date December 21 Distributions are paid.
Year-end Statements January 8 To all shareholders.
1099-DIV January 31* To shareholders in nonretirement accounts who received taxable distributions in 2009.
1099-Q January 31* To shareholders in 529s or Education Savings Accounts (ESAs) who redeemed or exchanged shares in 2009.
1099-B January 31* To shareholders (excluding money market funds and retirement accounts) who redeemed or exchanged shares in 2009. (Includes average cost information if applicable.)
1099-R January 31* To shareholders who received Individual Retirement Account (IRA) distributions in 2009.
1099-INT January 31* To shareholders in nonretirement accounts who received tax-exempt distributions in 2009.
Corporate DRD Letter January 22 To corporate shareholders who may be eligible for the dividends received deduction (DRD).
Average Cost Statement January 31 To all shareholders (excluding money market funds and retirement accounts) who redeemed shares in 2009. Average cost information is reflected on the 1099-B forms.
1042-S March 15 To shareholders with foreign tax withholding.
5498-ESA April 30 To ESA shareholders who made contributions for 2009.
5498 April 30 To IRA shareholders who made contributions for 2009, including rollover contributions.

 

*Shareholders in the Global Real Estate Index Fund and the Multi-Manager Global Real Estate Fund will not receive tax information for those funds until February as Real Estate Investment Trusts (REITs) often don't provide complete tax information until after the calendar year-end.

If a date falls on a non business day or holiday, the Internal Revenue Service (IRS) due date is the next business day. For example January 31, 2010, is a Sunday. Therefore, the IRS due date is Monday, February 1, 2010.

Note: Northern Funds does not provide tax reporting for: corporate accounts, institutional accounts and Northern Trust trust accounts.

 

 
©2010 Northern Funds
Home  |   Prospectuses  |   Proxy Voting  |   Privacy  |   Site Map

©2010. This content is for your personal use only, subject to Terms and Conditions. No redistribution allowed.

Not FDIC insured | May lose value | No bank guarantee

An investment in Northern Funds is not insured by the FDIC, and is not a deposit or obligation of, or guaranteed by The Northern Trust Company or any affiliate. An investment in Northern Funds involves risks, including possible loss of principal.

Shares of Northern Funds are distributed by Northern Funds Distributors, LLC, not affiliated with Northern Trust.

Shares of the Northern Funds are offered only by a current Prospectus and are intended solely for persons to whom shares of US registered funds may be sold. This site shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of shares of the Northern Funds in any jurisdiction in which such offer, solicitation or sale would be unlawful.