When will Bank of America tax statements be available?

When will Bank of America tax statements be available?

It is a common inquiry at the beginning of the year for clients of Bank of America to wonder when their tax statements will be accessible. The IRS requires financial institutions to mail out tax statements by January 31st. Bank of America typically makes tax documents, such as 1099-INT and 1098 forms, available online for customers to view and download in late January or early February.

Customers who have signed up for electronic statements can expect to receive an email notification from Bank of America when their tax documents are ready. For those who receive paper statements, they should keep an eye on their mailbox for their tax documents to arrive.

Related FAQs

1. Where can I find my tax statements on the Bank of America website?

Tax statements can typically be found under the “Documents” section of your Bank of America online account.

2. Will I receive a physical copy of my tax statement in the mail even if I opt for electronic statements?

Yes, Bank of America will still send a physical copy of your tax statement by mail even if you have chosen to receive electronic statements.

3. Can I access my tax statements through the Bank of America mobile app?

Yes, you can usually access your tax statements through the Bank of America mobile app under the “Documents” section.

4. I haven’t received my tax statement yet. Should I be concerned?

If it is past February and you have not received your tax statement, you should contact Bank of America customer service to inquire about the status of your tax documents.

5. Can I request a reissued tax statement if I lost the original one sent by Bank of America?

Yes, you can request a reissued tax statement from Bank of America if you have lost the original one. However, there may be a fee associated with this service.

6. Are there any tax documents besides 1099-INT and 1098 that Bank of America provides?

Other tax documents that Bank of America may provide include 1099-DIV for dividends and 1099-B for broker transactions.

7. Can I view past year’s tax statements on the Bank of America website?

Yes, you can often view past year’s tax statements on the Bank of America website by accessing your account’s document history.

8. Can I receive my tax statements in a language other than English?

Bank of America typically provides tax statements in English only. If you require translations, you may need to seek assistance from a third-party service.

9. How long does it take for tax statements to be available after the end of the tax year?

Tax statements are typically made available by late January or early February following the end of the tax year.

10. Can I download my tax statements as PDF files from the Bank of America website?

Yes, you can usually download your tax statements as PDF files from the Bank of America website for your records.

11. Is there a deadline for accessing my tax statements online through Bank of America?

There is no specific deadline for accessing your tax statements online through Bank of America. However, it is recommended to download and save them for your records as soon as they are available.

12. How do I update my contact information with Bank of America to ensure I receive my tax statements?

You can update your contact information, including your mailing address and email, through your Bank of America online account or by contacting customer service to ensure that you receive your tax statements promptly.

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