Welcome to Putnam's online Tax center, designed to provide you with everything you need to help your clients navigate the tax season. Below you'll find information on capital gains distributions, AMT and tax percentages, and more.
- Helping with your tax forms
- Fund tax data
- Additional resources
- 2015 year-end distributions (PDF)
- Capital loss carryforward (PDF)
- Understanding the tax advantage of investment losses (PDF)
Cost basis reporting changes
New regulations require brokers and mutual fund companies to provide cost basis reporting to the IRS for mutual fund shares acquired after January 1, 2012.
IRA contribution reports
Check in with your clients about their investment strategies:
Multiple recommendations have been made to fix Social Security and some strategies may be more costly for investors.
While major legislation is unlikely to be passed during an election year, some smaller-scale bills to help savers could be advanced.
Putnam's consolidated Form 1099-B lists all sell or exchange transactions from your non-Money Market mutual fund shares. Form 1099-B also reports any federal income tax withheld because of the backup withholding requirements. This information is reported to the IRS.
Putnam's Cost Basis Information is included on this form and shows the cost basis and related gain or loss from the redemption or exchange of Putnam fund shares, excluding money-market funds and retirement plans.
To view the tax filing information for a form section, click on the appropriate icon below.