Below is a list of tax-related frequently asked questions. Please select a category, then select a question. For additional information and FAQs, along with IRS forms, instructions and publications, visit the IRS website.
Visit our tax calendar to find out when tax forms will be available online and mailed.
Visit our Understanding Tax Forms page to learn more.
Visit our Understanding Tax Forms page to learn more.
Visit our Understanding Tax Forms page to learn more.
You will receive Form 1099-DIV reporting information on Composite Form 1099 if you received $10 or more in dividends or other distributions from your fund during the calendar year.
While amounts less than $10 are still required to be reported to the IRS on your tax return, the IRS does not require a 1099-DIV to be issued. Dividends or other distributions less than $10 can be found on your year-end statement. If your distribution was less than $10, but you had backup withholding or the fund passed through foreign taxes to you, you will receive a Form 1099-DIV.
Yes. Distributions made by your Franklin Templeton fund investments are reported on Form 1099-DIV and must be reported on your federal and state income tax returns whether they are received in cash or reinvested in additional fund shares.
Yes. If your tax-free fund distributed any tax-exempt interest dividends, ordinary income or capital gains of $10 or more, you will receive information under the Form 1099-DIV section of the Composite Form 1099.
Yes. Registered shareholders can view or print their tax forms by logging in to their account on franklintempleton.com. Log in to your account or register now for account access.
Yes. You will receive a 1099-DIV or Composite Form 1099 for each account (fund) registered under each taxpayer identification number.
You could also receive more than one Form 1099-DIV per account if:
If you receive Form 1099-DIV that includes income attributable to other taxpayers with different taxpayer identification numbers, you may need to follow the IRS guidelines for nominees. Please refer to the instructions for Form 1040, U.S. Individual Income Tax Return, Schedule B, Interest and Ordinary Dividends.
IRS forms, instructions and publications can be obtained free of charge by calling the IRS at (800) 829-1040. You may also view these materials at irs.gov.
Visit our Understanding Tax Forms page to learn more.
There were additional monetary adjustments made to your account after your original tax form was mailed. Because of these adjustments, a new Form 1099-B had to be issued. We have until the IRS deadline of February 15 to provide final 1099-B reporting to shareholders.
Yes. Registered shareholders can view or print their tax forms by logging in to their account on franklintempleton.com. Log in to your account or register now for account access.
To learn more about cost basis reporting, visit our Cost Basis Information page.
Visit our Understanding Tax Forms page to learn more.
Yes. Registered shareholders can view or print their tax forms by logging in to their account on franklintempleton.com. Log in to your account or register now for account access.
Visit our Understanding Tax Forms page to learn more.
Yes. Registered shareholders can view or print their year-end tax forms when logging in to their account on franklintempleton.com. Log in to your account or register now for account access.
Visit our Understanding Tax Forms page to learn more.
Participants are allowed to make contributions to their accounts up until the original tax filing deadline of the following year. This form is mailed after that date to ensure accuracy in reporting.
Yes. Registered shareholders can view or print their year-end tax forms when logging in to their account on franklintempleton.com. Log in to your account or register now for account access.
Visit our Understanding Tax Forms page to learn more.
Participants are allowed to make contributions to their accounts up until the original tax filing deadline of the following year. This form is mailed after that date to ensure accuracy in reporting.
Yes. Registered shareholders can view or print their year-end tax forms when logging in to their account on franklintempleton.com. Log in to your account or register now for account access.
Visit our Understanding Tax Forms page to learn more.
If you are a nonresident alien individual or foreign entity with investments in US-based Franklin Templeton mutual funds, you will receive a Form 1042-S, if you received any of the following during the calender year: ordinary income dividends (including interest-related dividends), short-term capital gain dividends, distributions from long-term capital gains, gains from US real property interests, return of capital or distributions from retirement accounts.
Yes, but only for distributions from certain retirement accounts with Fiduciary Trust International of the South (FTIOS) as the custodian.
Yes. For certain FTIOS retirement accounts, state tax may be withheld from a distribution if you reside in one of the following states:
If you reside in a state that is not listed above, only federal taxes may be withheld from your distribution.
Fund search for the tax information for a specific fund.
The percentage of income your fund earned from direct US government obligations is available on the Tax Information page for each fund located on this website. Please use fund search for the tax information for a specific fund.
Foreign tax paid is reported on Form 1099-DIV.
Foreign source income is available on the tax information page for each fund. Enter the fund name in the search by fund box and click on the tax information tab.
The information contained in this tax center is not intended to be a complete discussion of all federal or state income tax requirements. This information cannot be used by an investor to avoid any income tax penalties that may be imposed under the Internal Revenue Code. Investors should seek advice from a financial and/or tax advisor about the potential tax implications of their investments in Franklin Templeton fund(s) based on their individual circumstances.