What tax forms does TDECU send to members?
Depending on the number of accounts you have, you may have received the following tax forms from us:
By January 31, you could have received:
- 1098 - Mortgage Interest Statement form sent to members that paid any amount of mortgage interest for the year, including home equity loans
- 1099-C - Cancellation of Debt form sent to members that had $600 or more of debt cancelled that was owed to the credit union
- 1099-INT - Interest Income form sent to members earning $10 or more in interest on a non IRA deposit account. This form will also be sent to members that were paid an account / promotional bonus of $10 or more, but less than $600
- 1099-Q - Payments From Qualified Education Programs (Under Sections 529 and 530) form sent to members who requested a distribution from a Coverdell education savings account (CESA) under section 530.
- 1099-R - Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. form sent to members who requested a distribution from an IRA in the amount of $10 or more
By March 15, you could have received:
- 1042-S - Foreign Person's U.S. Source Income Subject to Withholding form sent to members that are foreign person's engaged in trade or business in the United States.
By May 31, you could have received:
- 5498 - IRA Contribution Information form sent to members that contributed to a Traditional or Roth IRA
- 5498-ESA - Coverdell ESA Contribution Information form sent to members that contributed to a Coverdell education savings account (CESA)
(Please note the final two forms relate to Traditional and Roth IRA contributions, and Coverdell education savings accounts made between January 1 of the current year and the tax filing deadline, typically April 15.)
Want to get your tax forms faster?
Enroll in our e-Documents service today!
- Simply sign in to Online/Mobile Banking
- Select Services
- Select e-Documents and follow the prompts to enroll
Not an Online/Mobile Banking User?
You don’t have to use Online/Mobile Banking to receive e-Documents.
- Simply browse to the e-Document login page
- If you are a first-time user, sign in using your member number as your username and the last six digits of your Social Security Number (or TIN) as your password
- Follow the prompts to enroll
From Snail Mail to Email
No more waiting on the post office to deliver your monthly statement or tax forms. You'll receive an email each month as soon as your statement, tax form, or other important document is ready to be viewed.
It's Safer Than Paper
Not only does it take more time for you to receive your paper document, it can be delivered to the wrong address, taken from your trash or stolen from your mailbox. An e-Document gives you secure online access to your documents behind password protected systems.
It's the Green Thing to Do
Save money. Save trees. From the cost-savings seen by TDECU – Your Credit Union and passed along to our members, to the reduced environmental impact of switching from paper delivery to an e-Document, making the switch is an easy call!