Tax Document Availability

When will I receive my tax documents?

Please find the scheduled delivery date for your tax documents below. You will receive an email notification when your document is ready.

If you received an email regarding an account conversion, you may receive two separate tax forms—one from Apex Financial and another from Webull Financial—depending on your account activity.

Domestic Individual Accounts

*Estimated availability date. Actual delivery may vary.

What is Form 1099-B, and what information does it provide?

A Form 1099-B is issued to report the sale of securities, including stocks, bonds, and other financial instruments. It provides details on the transactions for the tax year, including:

• Proceeds from sales: The gross amount from the sale of the securities.
• Cost basis: The original purchase price of the securities, which helps determine the gain or loss from the sale.
• Dates of transactions: The purchase and sale dates for each security.
• Type of gain or loss: Whether the gain or loss is short-term or long-term, based on the holding period.

Please note, closing transactions for identical securities and for orders with the same disposition dates will be combined into fewer transactions.

What is Form 1099-DIV, and what details are reported?

A Form 1099-DIV is issued to report dividends and other distributions from investments. It provides detailed information for the tax year, including:

• Dividends paid: The total amount of dividends you received from stocks, mutual funds, or other investments.
• Qualified dividends: The portion of dividends that are eligible for preferential tax rates.
• Nonqualified dividends: Dividends that do not qualify for preferential tax rates.
• Spillover dividends: Declared in one tax year but reported in the next. Often seen with REITs and ETFs. Taxable in the year declared, not paid.
• Capital gains distributions: Any distributions from mutual funds or real estate investment trusts (REITs) that are treated as capital gains.
• Foreign taxes paid: Any taxes paid to foreign governments on dividends, if applicable.

What is Form 1099-INT, and what does it include?

A Form 1099-INT is issued to report interest income earned from investments and accounts. It will report the following:

• Federal income tax withheld: Any federal tax withheld from interest payments, if applicable.
• Interest income: All interest income that is not already reported on other forms

What is Form 1099-MISC?

A Form 1099-MISC is issued to report miscellaneous income that does not fall under other specific tax forms. It provides details for the tax year, including:

• Royalties: Income from royalties on intellectual property or natural resources.
• Other income: Various types of miscellaneous income, such as prizes, awards, or payments for legal settlements of at least $600.

Individual Retirement Accounts (IRAs)

*Estimated availability date. Actual delivery may vary.

What is Form 1099-R?

A Form 1099-R is issued to report distributions from retirement plans and other similar accounts. It provides essential details for the tax year, including:

• Total distribution: The total amount of money or assets distributed from retirement accounts, such as pensions, IRAs, or 401(k) plans.
• Taxable amount: The portion of the distribution that is subject to federal income tax.
• Federal income tax withheld: Any federal income tax withheld from the distribution.
• Distribution code: Codes that specify the type of distribution, such as early withdrawals, rollovers, or required minimum distributions.
• Rollover contributions: Amounts rolled over into another retirement account, if applicable.
• Conversions: Amounts converted from a traditional IRA to a Roth IRA.

What is Form 5498?

A Form 5498 is issued to report contributions and other activities related to retirement accounts. It includes key details for the tax year, such as:

• Contributions: The total contributions made to your IRA, including regular contributions, rollovers, and conversions.
• Rollover contributions: Amounts rolled over from other retirement accounts into your IRA.
• Conversions: Amounts converted from a traditional IRA to a Roth IRA.
• Fair market value: The fair market value of your IRA at the end of the year.

Foreign Accounts

*Estimated availability date. Actual delivery may vary.

What is Form 1042-S?

Used to report income and withholding from U.S. sources paid to foreign persons (including persons presumed to be foreign) or included in a U.S. payee pool that are reportable under chapters 3 and 4. Amounts subject to reporting are amounts from sources within the United States that constitute:

• Fixed or determinable annual or periodical (FDAP) income (including deposit interest).
• Certain gains from the disposal of timber, coal, or domestic iron ore with a retained economic interest.
• Gains relating to contingent payments received from the sale or exchange of patents, copyrights, and similar intangible property.

Puerto Rico Taxpayers

*Estimated availability date. Actual delivery may vary.

What is Form 480.6A?

Form 480.6A is issued to report specific types of income received by Puerto Rico taxpayers and any Puerto Rico tax withholding. It is provided to residents of Puerto Rico who earned reportable income and had income that was subject to Puerto Rico tax withholding.

Crypto Accounts

*Estimated availability date. Actual delivery may vary.

What is Form 1099-DA, and what information does it provide?

Form 1099-DA is a new IRS tax form specifically designed for digital asset transactions, including cryptocurrency. It provides details for the tax year, including:

• Proceeds: The gross amount from sales and other taxable dispositions.
• Cost basis: The original purchase price of the digital assets.
• Transaction dates: The purchase and sale dates for each transaction.
• Transaction amounts: The quantity and value of digital assets involved.

I didn't get a Form 1099-DA. Why?

Not all customers will receive a Form 1099-DA. You'll typically receive one only if you had reportable crypto activity during the tax year.

You may not receive a 1099-DA if:

• You only bought crypto and did not sell or convert it
• You had no taxable crypto transactions during the year
• Your account had no reportable activity under IRS requirements

If a 1099-DA is not issued, it does not necessarily mean your activity is non-taxable. You are still responsible for reporting taxable crypto activity when filing your taxes.

Will I still receive a crypto gain/loss PDF and CSV file?

No. Under the new IRS requirements, customers will no longer receive separate crypto gain/loss PDFs or CSV files. All required tax information—including cost basis and proceeds—will now be included directly on Form 1099-DA.

Where can I find additional information about these forms?

Additional information regarding these tax forms can be found at https://www.irs.gov/pub/irs-pdf/i1099gi.pdf.