Why didn’t I receive my Schedule K-1 by January 31, which is the date required for distribution of Forms 1099?
The Funds strive to provide the Schedule K-1 information as early as possible, typically by the second week of March. The Funds must obtain information regarding ownership interests bought and sold during the year from brokers and nominees. Much of this information is not provided to the Funds until late January. This information is reviewed and then processed with other information resulting in printing and mailing during March. In general, the Funds are required to provide this information by April 15th, or September 15th if an extension is requested.
