Tax forms

Explanations of the tax forms you may receive from Delaware Investments

Tax form Definition Mailed no later than
1099-DIV Description
Taxable dividends and distributions and tax-exempt interest income paid to you (cash or reinvested) by your Delaware Investments® funds held in non-retirement accounts. You will not receive this form if your total dividends for a fund are less than $10, unless amounts also are reported due to reclassification or withholding.

Use in tax-return preparation
Shows all prior year dividends and distributions, including any ordinary dividends, qualified dividends, capital gains distributions, nondividend distributions, foreign tax paid, tax-exempt interest dividends, liquidation distributions, federal income tax paid (backup withholding) that must be reported on tax returns, and the portion that constitutes interest on specified private activity bonds (tax-exempt alternative minimum tax (AMT) interest) .
2/18/2014
1099-B Description
Sales or redemptions of securities. (See determining cost basis for more information.) You will not receive this form for sales of fractional shares of stock if gross proceeds are less than $20.

Use in tax-return preparation
Shows proceeds of sales and redemptions (including exchanges) that must be reported on tax returns in calculating capital gain or loss from the sale of shares, including whether the capital gain or loss is short-term or long-term.
2/18/2014
Cost basis statement (shown on
Form 1099-B)
Description
Cost basis for sales and redemptions in your account from the previous year. While Delaware Investments makes every effort to correctly calculate your cost basis, the amount reported may not account for all transactions affecting your fund shares. Cost basis may not be calculated for all accounts.

Use in tax-return preparation

Shows cost basis information for shares purchased or acquired after Jan. 1, 2012 (covered shares) and which are disposed of after that date according to the “average cost basis, single category” method, which may be used to calculate capital gains and losses on tax returns. As a courtesy to shareholders, cost basis information may also be provided for shares purchased prior to Jan. 1, 2012, but such information will not be reported to the IRS.

Visit delawareinvestments.com/taxcenter for additional information regarding cost-basis reporting.

2/18/2014
1099-Q Description
Payments from qualified education programs.

Use in tax-return preparation
Shows distributions and earnings, including qualified and nonqualified distributions, rollovers, and trustee-to-trustee transfers, from qualified college tuition programs and Coverdell Education Savings Accounts that must be reported to the IRS.
1/31/2014
1099-R Description
Distributions made to you from pensions, annuities, retirement or profit-sharing plans, IRAs, insurance contracts (unless done as a transfer of assets), and other plans.

Use in tax-return preparation
Shows retirement account distributions that must be reported on tax returns. Attach Copy B of Form 1099-R to your tax return, if federal income tax was withheld. Attach Form 8606 (available at irs.gov) to your tax return to report taxable income and other information related to certain nondeductible IRA distributions, conversions, or recharacterizations.
1/31/2014
1042-S Description
Foreign person's U.S. source income subject to withholding.

Use in tax-return preparation
Shows income or gains from U.S. sources paid to foreign persons (including persons presumed to be foreign) that must be reported to the IRS.
3/17/2014
5498 Description
IRA contribution information.

Use in tax-return preparation
Shows IRA contributions, rollovers, year-end fair market values (FMV), and required minimum distributions (RMD) to track your deductible and nondeductible IRA contributions.
1/31/2014
(FMV/RMD)

6/2/2014
(Contributions)
5498-ESA Description
Coverdell ESA contribution information.

Use in tax-return preparation
Shows contributions and rollovers to a Coverdell ESA that are reportable on your return.
4/30/2014

The information contained in the Tax Center is not intended to be legal or tax advice. If you need assistance preparing your tax return, please consult a tax advisor.

Information may be abridged and therefore incomplete. Any discussion pertaining to taxes in this communication (including attachments) may be part of the promotion or marketing of a product. As provided for in government regulations, advice (if any) related to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.