Tax Schedule

Mortgage Interest Statement

• Bell Bank Mortgage paperless statements*
  Available Online

• Bell Bank Mortgage loan paid-off in 2023*
  Mailed and Available Online

• Bell Bank Mortgage paper statement. This will be sent with your usual monthly mortgage statement*
  Tax forms mailing with statements between January 5-19

• Bell Bank Home Equity Loans and Lines of Credit**
  Mailed

_{*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.}

Interest Income***

Tax forms have mailed and will be available in online banking by 1/18/24.

_{***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.}

Miscellaneous Income

Mailed

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.

Acquisition or Abandonment of Secured Property

Mailed

Cancellation of Debt

Mailed

Dividends and Distributions

Mailed

Non-employee Compensation

Mailed

Payments from Qualified Education Programs

Mailed

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

Mailed

Statement indicating the amount of interest paid in 2023 for all business loans serviced by Bell Bank and owned by the recipient

Mailed

Statement indicating the amount of interest paid in 2023 for all consumer real estate loans serviced by Bell Bank and owned by the recipient

Mailed

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

Mailed

Statement produced indicating the fair market value as of 12/31/23 of each IRA plan owned by the recipient. (RMD) Required Minimum Distribution

Mailed

Proceeds from Real Estate Transactions

No forms for 2023

Distributions From ABLE Accounts

Mailed

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

Mailed

Coverdell ESA Contribution Information

Mailed by April 22

HSA, Archer MSA, or Medicare Advantage MSA Information

Mailed

IRA Contribution Information

Mailed by April 29

ABLE Account Contribution Information

Mailed by March 7