1099 Tax Form Timelines: Schwab & Pershing Accounts
Investor InsightsAs tax season approaches, many clients ask when their 1099 tax forms will be available. Because investment accounts can include dividends, capital gains, and trading activity, tax documents are often issued in stages to ensure accuracy and reduce the need for corrected forms later.
Below is an overview of tax reporting timelines for Schwab and Pershing accounts, so you know what to expect.
Schwab 1099 Tax Reporting Timeline
Schwab produces Form 1900 Composite using a phased approach. This allows time for dividend reclassification, wash sales, and late tax details from investment issuers to be finalized, helping minimize the need for corrected tax forms.
Schwab 1099 Composite Production Schedule
- 1st Production Run: Available online January 30th
- 2nd Production Run: Available online February 13th
- 3rd Production Run: Available online February 27th
Which production run an account falls into depends on investment holdings and recent trading activity. Clients will be notified when tax documents are available online.
Pershing 1099 Tax Reporting Timeline
BNY Pershing, which provides tax reporting services for Pershing accounts, will begin delivering 1099 tax statements weekly starting January 28th, with distributions continuing through March 11, 2026.
Some accounts may receive tax forms later due to:
- Certain investment types held in the account
- Trading activity near year-end or in January
- Issuers providing final distribution information after January
This extended delivery window helps ensure your tax information is accurate and complete.
Have questions about your tax documents?
If you’re unsure when to expect your 1099 or need help locating it, please contact our team at operations@americanportfoliosdenver.com. We’re happy to assist with timing and steps so you can plan confidently for tax season.
