Tax Schedule

Foreign Person's U.S. Source Income Subject to Withholding

• Available February 12, 2025

Mortgage Interest Statement

• Bell Bank Mortgage paperless statements*
  Mailed to customers and available online January 14, 2025
   
• Bell Bank Mortgage loan paid-off in 2024*
  Mailed to customers and available online January 14, 2025
   
• Bell Bank Mortgage paper statement. This will be sent with your usual monthly mortgage statement*
  Tax forms mailing with statements between January 7-20, 2025
   
• Bell Bank Home Equity Loans and Lines of Credit**
  Mailed to customers and available online January 14, 2025

_{*Customers with a Bell Bank mortgage loan will receive a Form 1098, regardless of the amount of interest paid.}

_{**Customers with a home equity loan or line of credit will receive a Form 1098 only if they paid $600.00 or more in interest during the calendar year.  Otherwise, they will receive a Loan Interest Letter.}

1099 – A

Acquisition or Abandonment of Secured Property

• Available January 17, 2025

 

1099 – C

Cancellation of Debt

• Available January 17, 2025

 

1099 – DIV

Dividends and Distributions

• Available January 31, 2025

 

1099 – INT

Interest Income***

• 1099 INT Mailed to customers and available online January 17, 2025

_{***Form 1099 INT will be issued to the primary owner of a deposit account if the deposit account received $10.00 or more in interest during the calendar year.  Form 1099 INT will also be issued to any individual who redeems a U.S. savings bond during the calendar year, for the lifetime interest earned on the savings bond.}

 

1099 – MISC

Miscellaneous Income

• Available January 24, 2025

Customers will receive a Form 1099 MISC if they received $600.00 or more in miscellaneous income from us during the calendar year.  Miscellaneous income includes, but is not limited to, income received from various incentives we may offer from time-to-time.  Form 1099 MISC will be mailed and will not be accessible through online banking.

 

1099 – NEC

Non-employee Compensation

• Available January 31, 2025

 

1099 – Q

Payments from Qualified Education Programs

• Available January 14, 2025

 

1099 – R

Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

• Available January 16, 2025

 

1099 – S

Proceeds from Real Estate Transactions

• No forms for 2024

5498

IRA Contribution Information

• Available May 2, 2025

 

5498 – ESA

Coverdell ESA Contribution Information

• Available April 3, 2025

Statement indicating the amount of interest paid in 2024 for all business loans serviced by Bell Bank and owned by the recipient

• Available January 17, 2025

Statement indicating the amount of interest paid in 2024 for all consumer real estate loans serviced by Bell Bank and owned by the recipient 

• Available January 17, 2025

Statement produced indicating the fair market value as of 12/31/24 of each IRA plan owned by the recipient. (RMD) Required Minimum Distribution

• Available January 21, 2025