Tax Calendar

Weekends & Holidays: If a due date falls on a Saturday, Sunday or legal holiday, the due date is automatically extended until the next business day that is not itself a legal holiday.

Last chance to request an IRA distribution, do a Roth conversion, or make a charitable contribution through Betterment and have it count for 2017 tax year. If you have a Required Minimum Distribution (RMD) that must be taken in 2017, you must submit the request by 11 :59 p.m.

Deadline on Dec. 28.

Form 1099-R available from Betterment. You will only receive a 1099-R if you have taken distributions of $10 or more from your IRA or 401 (k) accounts in 2017. If you did an IRA to IRA direct transfer, you will not receive a 1099-R. We’ll notify you by Jan. 31 if you are receiving a 1099- R. Tax software integration for 1099-R will not be available until Feb. 15, 2018.

Forms 1099-B available from Betterment. These are applicable if you have a Betterment taxable account (e.g., a Build Wealth or Safety
Net goal) and trades occurred in 2017. The Forms 1099-B are issued only if there were sales of $20 or more or any withholding was applied to the sales.

Form 1099-DIV available from Betterment. Generally, you will only receive Form 1099-DIV if you received $10 or more in dividends. You can read more about why certain forms are required or not here.

Tax software integrations for 1099-B, 1099-DIV, and 1099-R information open for Turbo Tax, TaxACT, and H&R Block tax software.

Last day to “use it or lose it” for many health FSA plans. Check with your provider for the specifics of your plan. Read more on IRS.gov.

10 p.m. EST Deadline

Last chance to make a Betterment deposit into your IRA in order for it to trade in time to count as a 2017 contribution.

Form 5498 is available. Your Form 5498 reflects your IRA contributions, conversions, and rollovers. While this form is important to support IRA basis and rollovers if ever audited, it is not needed to file a tax return by April 17.

Last day for extension filers to file their tax returns. Second deadline to conduct a recharacterization. See the IRS website for more details.