February 1, 2025

Good Afternoon,

The 2024 tax season is upon us and many of you may be questioning when you will receive important tax documents on your investment and retirement accounts. This email will provide key dates to make you aware of when to expect these documents. If you elect to receive documents electronically, these will be available for download in your Client Access account.

Raymond James will mail year end retirement tax packets for 1099-R and 5498s and form 1099-Q (for clients that took a distribution from a college savings account) by January 31.

Raymond James will mail retail 1099 tax statements (like non-retirement accounts) in three main groups (the group you fall in depends on the holdings in the account):

Group 1: Mailed by February 15 – this will include a majority of retail accounts:

• Forms mailed for accounts with holdings where issuers have finalized income reallocation or accounts holding less-complex securities, such as equities.

Group 2: Mailed by February 28

• Forms mailed for accounts with holdings where issuers have finalized income reallocations since Group 1 was mailed (this typically includes Mutual Funds and Unit Investment Trusts (UITs)). Additionally, the first amended composite Form 1099s are mailed.

Group 3: Mailed by March 15*

• Forms mailed for remaining original 1099s including final real estate mortgage investment conduit (REMICs) that report on Form 1099-OID. Additionally, the second amended forms are mailed as needed.

*All Forms 1099s must be mailed by March 15 regardless of any pending adjustments or income reallocation per IRS regulations. Amended mailings will occur as needed

• K-1 forms (for limited partnership income), if applicable, will be mailed by this date as well. The mailings are processed and mailed by the Limited Partnerships directly, Raymond James does not control these mail dates.

Keep in mind, if you have a retail account you may not receive a 1099 if taxable activity in the account was under $10 for the year.

As a reminder if you are still working, review your 2024 Traditional and Roth IRA contributions to make sure you are taking full advantage of the benefits they provide. The maximum contribution for 2024 is $7,000 or $8,000 for those that are age 50 or older.

As always, we thank you for your continued trust in Wentz Financial Group. If there are any questions or concerns you might have, please do not hesitate to reach out.

Sincerely,

Wentz Financial Group