Skip to main content
PGIM InvestmentsPGIM Investments
    • Mutual Funds
    • Target Date Funds
    • Closed End Funds
    • Separately Managed Accounts
    • ETFs
    • Buffer ETFs
    • Alternatives
    • Retirement Spending
    • Thought Leadership
    • Events and Webinars
    • On the Markets
    • Investment Themes
  • Overview
    • Forms
    • Tax Center
    • Corporate Actions
    • Open Mutual Funds Account
    • Overview
    • DCIO Mutual Funds
    • DCIO Target Date Funds
    • Defined Contribution Insights
    • Retirement Spending
  • Overview
    • Newsroom
    • PGIM Custom Harvest
    • PGIM Fixed Income
    • PGIM Real Estate
    • PGIM Quantitative Solutions
    • Jennison Associates
  • Contact
GEO_HeroBanner_2280x570
Resource

Tax Center: General Frequently Asked Tax QuestionsTaxCenter:GeneralFrequentlyAskedTaxQuestions

Tax Center: Specific tax information to help you prepare your tax return.

  • Tax Form Instructions
  • Go Green with eDelivery
Questions on This Page
General Tax Questions
1099-DIV Tax Forms
Individual Retirement Account
Coverdell Education Savings Account
Other Frequently Asked Questions

General Tax Questions

When are tax forms mailed and do I receive one every year?

Most tax forms are mailed between January 31 and February 15 for the prior tax year. The type of account you have and the activity in your account will determine which tax form(s), if any, you will receive. A tax form will be generated if you made a transaction or if you received $10 or more in dividends and/or capital gain distributions in each fund.

 

How can I receive a duplicate of a tax form that was sent to me?

You can get your tax forms faster by signing up to receive your tax forms through our e-Delivery service. You can sign up for this feature online when you access your account at www.pgiminvestments.com/myaccess. Once online, select the "Mutual Funds" tab and then click on "E-Delivery Preferences" and complete your updates.

While online, you can also take advantage of e-Delivery for mutual fund statements, transaction confirmations, and shareholder reports. In addition, you can print a copy of your recent tax forms online.

You may also obtain a duplicate tax form by calling the Prudential Mutual Fund Service Center at (800) 225-1852.

 

How can I receive a copy of the Supplemental Tax Information brochure?

At the end of each January, the Supplemental Tax Information brochure is made available online through our Tax Center.

 

How should I report the amounts from the tax forms on my personal income tax return?

Please visit the Tax Season Newsletter section for more information on reporting your income. For more assistance, we suggest that you seek the advice of your tax professional. You can also contact the IRS at (800) 829-1040 or visit the IRS website at www.irs.gov.

1099-DIV Tax Forms

Why would I receive a Form 1099-Div if my dividend amount was less than $10?

Generally, you will not receive Form 1099-DIV if your distributions are less than $10. However, because a portion of the total dividend was reclassified as a non-taxable distribution (return of capital), we are required to report the distribution even though it was less than $10. The amount that is reclassified as a non-taxable distribution is reported in Box 3 of Form 1099-DIV.

 

Why are the distribution amounts on my Form 1099-Div different from my year end statement?

This is most likely because your fund reclassified a portion of its dividend, short-term capital gain, or long-term capital gain distributions. When a reclassification occurs, the total distributions remain the same, but the breakdown of the distributions changes. As a result, the distributions reported on your tax form will not match the amount on your year-end statement. You should use the amount(s) on your tax form to file your taxes.

 

What does the distribution code on my Form 1099-R mean?

The distribution code indicated on the form identifies the type of distribution. For example, a code 7 indicates a normal distribution, which is most often used for distributions after the owner reaches age 59½. A full description of all distribution codes is listed on the back of the form you receive.

Individual Retirement Account

I received a Form 1099-DIV for my non-IRA (Individual Retirement Account) investments, but not for my IRA.  Why is that?

Form 1099-DIV is used to report dividends, capital gains, nontaxable distributions, tax-exempt interest, and specified private activity bond interest (or Alternative Minimum Tax) paid on non-retirement accounts. Since capital gains and dividends paid on IRA accounts are tax-deferred, they do not generate tax reporting. A Form 1099-R will be mailed to you only when you receive a cash distribution from your IRA(s).

 

What is the deadline to take the Required Minimum Distributions (RMD) from my IRA?

You must take your first required minimum distribution (RMD) by April 1 of the calendar year following the year when you attain age 73. However, in each subsequent year, you must take that year's minimum distribution by December 31. If you choose to wait until April 1 for your first distribution, you will be required to take two minimum distributions for that particular year. It is important to take the distributions on time because, in addition to full tax liability, the Internal Revenue Service (IRS) will impose a penalty of 25% on any required distribution amount that is not taken. The excise tax on failure to distribute the correct RMD is further reduced from 25% to 10% if it is corrected in a timely manner in accordance with SECURE Act 2.0.  Note: The excise tax is in addition to any ordinary income taxes that may otherwise apply.

 

What is the deadline for IRA contributions, and what is the IRA contribution limit?

You can make a contribution for the prior year until the tax return due date. For 2024 returns, that date is April 15, 2025 (or the later applicable due date of your federal income tax return) without extension. The contribution limit is $7,000 for the 2024 tax year and $7,000 for the 2025 tax year for those under age 50. Those who are age 50 and older can contribute an additional $1,000 for each tax year as a catch-up contribution.

You must inform us if you make a contribution from January 1 through April 15 (or the tax return due date if later) and want it applied to the prior year.

 

When will I receive a tax form to report my IRA contribution?

A Form 5498 will be mailed by May 31 if you make a contribution to a traditional IRA, Roth IRA, or Simplified Employee Pension (SEP) plan.

Coverdell Education Savings Account

What is the deadline for making contributions to a Coverdell Education Savings Account and what is the contribution limit?

You can make a contribution for the prior year until the tax return due date. For 2024 returns, that date is April 15, 2025 (or the later applicable due date of your federal income tax return) without extension. The contribution limit is $2,000 for the 2024 and 2025 tax years.

You must inform us if you make a contribution from January 1 through April 15 (or the tax return due date if later) and want it applied to the prior year.

Other Frequently Asked Questions

Learn more
Capital Gains Frequently Asked Questions

Capital Gains related frequently asked questions

Learn more
Learn More
Cost Basis Frequently Asked Questions

Cost basis reporting related frequently asked questions

Learn More

Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. Separately Managed Accounts are offered through our affiliates. Jennison Associates and PGIM, Inc. (PGIM) are registered investment advisors and Prudential Financial companies. PGIM Quantitative Solutions is the primary business name of PGIM Quantitative Solutions LLC, a wholly owned subsidiary of PGIM. PGIM Fixed Income and PGIM Real Estate, are units of PGIM.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

Investment Products: Are not insured by the FDIC or any other federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

© 2025 Prudential Financial, Inc. and its related entities. PGIM Custom Harvest, Jennison Associates, Jennison, PGIM Real Estate, PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

For compliance use only 4239694

  • About Us

    • Overview
    • Newsroom
    • PGIM Fixed Income
    • PGIM Real Estate
    • Jennison Associates
    • PGIM Quantitative Solutions
    • Contact
  • Products

    • Mutual Funds
    • ETFs
    • Buffer ETFs
    • Target Date Funds
    • Closed End Funds
    • Separately Managed Accounts
    • Retirement Spending Funds
  • Insights

    • Thought Leadership
    • On the Markets
    • Investment Themes
  • Resources

    • Overview
    • Forms
    • Tax Center
    • Careers
  • Retirement

    • Overview
    • DCIO Investments
    • Meet the Team
PGIM Investments
  • Terms & Conditions
  • Privacy Policy
  • Accessibility
  • Cookie Preference Center

Proxy Voting Recordsopens in a new window | Audit Committee Charter | Audit Committee Charter (Alternatives)opens in a new window | Directors/Trusteesopens in a new window | Disclosure of Portfolio Holdings | Form 5500 | Nominating & Governance Committee Charter | Nominating & Governance Committee Charter (Alternatives)opens in a new window | Compliance Committee Charteropens in a new window | Sales Load Breakpoints | Customer Loginopens in a new window | Careersopens in a new window

This site is intended for U.S. investors only.  All investments involve risk, including loss of principal.

PGIM, the principal investment management business of Prudential Financial, Inc. (PFI), is comprised of several business units, including PGIM Investments.   PGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Other PGIM businesses that may sub-advise certain PGIM Investments open and closed-end investment companies include:  PGIM Real Estate, Jennison Associates, PGIM Quantitative Solutions LLC, PGIM Limited, and PGIM Fixed Income. Investment products are distributed by Prudential Investment Management Services LLC,  member FINRAopens in a new window, SIPCopens in a new window and affiliate of PGIM Investments.   Any content relating to securities is the sole responsibility of PIMS, unless otherwise noted.  Check the background of this firm on FINRA’s BrokerCheckopens in a new window.

By accessing links on this web site, you may be leaving PGIM Investments and PIMS and be directed to PGIM Affiliate sites.

Separately managed accounts are offered through PGIM, Inc., Jennison Associates, PGIM Custom Harvest, and PGIM Quantitative Solutions LLC.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

© 2025 Prudential Financial, Inc. and its related entities. Jennison Associates, PGIM Real Estate, PGIM Custom Harvest, PGIM, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

 

INVESTMENT PRODUCTS: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED

 

3972195

 

You are viewing this page in preview mode.

Edit Page