Accessing 2023 tax reporting information from UBS Online Services

Form 1099-R
Reports the taxable and non-taxable distributions from Individual Retirement Accounts (IRAs) and Qualified Plans for which UBS Financial Services Inc. is the Trustee or Custodian.

First mailing—Consolidated Forms 1099
The Consolidated Form 1099 is the collection of all applicable Forms 1099 merged into one document. It reflects information that is reported to the IRS and is designed to assist you with filing your federal income tax return. Specifically, it includes the following forms: 1099-DIV, 1099-INT, 1099-B, 1099-OID and 1099-MISC.

The first mailing includes Consolidated Forms 1099 that we do not anticipate will have any additional updates or issuer-driven reclassifications (e.g., reclassifications made by issuers such as mutual fund and unit investment trust (UIT) companies).

Mortgage-Backed Securities (MBS) Form 1099 Information
MBS 1099 income reporting information, which also includes information related to real estate mortgage investment conduits (REMICs) and mortgage pools, will be included with the Consolidated Forms 1099 if it is available on the first mailing date. However, as noted below, if this information is not available it will be sent in the final mailing or at a later date as a revised Form 1099.

Final mailing—All pending Consolidated Forms 1099
This mailing includes all remaining accounts that were held pending issuer reclassifications and available MBS reporting information, including information for REMICs and mortgage pools.

K-1 (Limited Partnership Income)

Clients who own Publicly Traded Partnerships (PTP) (for example, master limited partnerships) will be sent a K-1 directly from the PTP. Therefore, PTP K-1s are not available on OLS. Instead, you may obtain a copy of the K-1 from the partnership directly. You can locate contact numbers and investor services websites for PTPs on the Tax Package Support website and/or the Partner DataLink website. Additionally, K-1 corrections may be requested through the Tax Package Support website if the PTP is listed on the site.

Clients who own Alternative Investments (AI) will receive either a Form 1099 or a K-1 directly from the issuer, depending on the structure of the investment. However, most tax forms are also uploaded to the Alternative Investments Document Portal. This can be accessed by clients by following these steps in OLS:

Accounts -> Alternative Investments -> Launch AI Hub. This will bring you to Document Center where client you can search by fund and document type.

Revised form(s)—All Forms 1099
Late issuer reclassifications that are made to accounts that previously received a form, which may include any of the following: ordinary income or capital gains income, MBS income reporting information and any other updates, such as SSN/TIN or cost basis.