Tax Document Schedule for 2022

Document

Description

Anticipated Paper Delivery

1098

Mortgage Interest Statement (Bell Bank Mortgage paperless statements)*

Online
January 17

1098

Mortgage Interest Statement (Bell Bank Mortgage loan paid-off in 2021)*

Mailed January 14

1098

Mortgage Interest Statement (Bell Bank Mortgage paper statement. This will be sent with your usual monthly mortgage statement)*

January 27

1098

Mortgage Interest Statement (Bell Bank Home Equity Loans and Lines of Credit)**

Mailed January 14 

1099-INT

Interest Income***

Mailed January 15

1099-A

Acquisition or Abandonment of Secured Property

January 27

1099-C

Cancellation of Debt

Mailed January 15

1099-DIV

Dividends and Distributions

January 31

1099-MISC

Miscellaneous Income

January 31

1099-NEC

Non-employee Compensation

January 31

1099-Q

Payments from Qualified Education Programs

Mailed January 11

1099-SA

Distributions From an HSA, Archer MSA, or  Medicare Advantage MSA

Mailed January 17

Business Loan Letter

Statement indicating the amount of interest paid in 2021 for all business loans serviced by Bell Bank and owned by the recipient

January 31

Consumer Loan Letter

Statement indicating the amount of interest paid in 2021 for all consumer loans serviced by Bell Bank and owned by the recipient

January 31

1099-R

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

Mailed January 19

Fair Market Value Statement

Statement produced indicating the fair market value as of 12/31/21 of each IRA plan owned by the recipient. (RMD) Required Minimum Distribution

January 31 

1099-S

Proceeds from Real Estate Transactions

February 15

1099-QA

Distributions From ABLE Accounts

March 1 

1042-S

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

March 15

5498-ESA

Coverdell ESA Contribution Information

April 30

5498-SA

HSA, Archer MSA, or Medicare Advantage MSA Information

May 31  

5498

IRA Contribution Information

May 31

5498-QA

ABLE Account Contribution Information

June 1

 

Additional Information

*Bell Bank Mortgage loan customers will receive a 1098 regardless of interest paid.

**Bell Bank Home Equity loan and line of credit customers will receive a 1098 only if $600 or more is paid in interest. Otherwise they will receive a Loan Interest Letter.

***1099 INT documents are issued by Bell Bank to the primary signer of the account(s) for each Social Security number/Taxpayer ID number that had $10 or more in interest income from deposit accounts (i.e. checking, savings, money market, CDs) or for any interest earned from the redemption of U.S. savings bonds.