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
- 2016 year-end distributions (PDF)
- Capital loss carryforward (PDF)
- What your clients might ask about year-end tax planning (PDF)
Cost basis reporting
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:
Only a small percentage of heirs stay with the financial advisor used by their parents, making it critical for advisors to connect with the next generation.
In a new wave of wealth transfer, $30 trillion is projected to move to the next generation over 30 years, leading some advisors to rethink their businesses.
Year-end strategies to mitigate taxes
Determining your tax bracket is the first step in exploring tax-smart strategies.
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.