Tax Center

[{"groupName":"Tax FAQs","faqList":[{"faqnumber":0,"question":"When will my 1099DIV/B tax form be available?","answer":"\u003cp\u003eVictory Capital produces a consolidated tax form to include 1099DIV and 1099B tax information. The deadline for a consolidated 1099DIV/B tax form to be sent to investors is by February 15, 2023.\u003c/p\u003e\n"},{"faqnumber":1,"question":"When is the deadline to submit my 2022 taxes?","answer":"\u003cp\u003eThe filing deadline to submit 2022 tax returns or an extension to file and pay tax owed is Tuesday, April 18, 2023, for most taxpayers. Taxpayers requesting an extension will have until Monday, October 16, 2023, to file. For the latest information on tax deadlines visit:\u0026nbsp;\u003ca href\u003d\"https://www.irs.gov/\" target\u003d\"_blank\"\u003ehttps://www.irs.gov/\u003c/a\u003e\u003c/p\u003e\n"},{"faqnumber":1,"question":"Where is my 529 1099Q tax form?","answer":"\u003cp\u003eYour 1099Q is available by selecting the 529 account from the dashboard under the Education tab (this will redirect you to the Ascensus site). From this site select ‘View profile and documents’ from the left menu screen. Next select ‘Statements, Confirms \u0026amp; Tax Forms.’ From there, select the applicable tax year, the 529 beneficiary and select ‘Tax Forms.’\u003c/p\u003e\n"},{"faqnumber":2,"question":"When will my tax forms be available?","answer":"\u003cp\u003eSome tax forms will be available as early as 1/20. The Tax Forms Delivery Schedule is available in pdf format\u0026nbsp;\u003ca\u003e\u003c/a\u003e\u003ca href\u003d\"/content/dam/vcm/resources-mutualfunddoc/2021_Tax_Form_Delivery_Schedule.pdf\" target\u003d\"_blank\"\u003ehere\u003c/a\u003e.\u003c/p\u003e\n"},{"faqnumber":3,"question":"How do I calculate my cost basis for my Mutual Funds?","answer":"\u003cp\u003eOn your account holding page, there is column labeled Total Cost. To calculate the average share cost, divide total cost by the total share in the account.\u0026nbsp;\u003c/p\u003e\n"},{"faqnumber":4,"question":"Where do I find the full capital gains report for the funds I’m invested in?","answer":"\u003cp\u003ePlease go to \u003ca href\u003d\"https://vcm.com\" target\u003d\"_self\"\u003evcm.com\u003c/a\u003e, select \u0027Tools \u0026amp; Resources\u0027, and select \u0027Tax center.\u0027 The link for the capital gain information will be under \u0027Useful Links.\u0027\u003c/p\u003e\n"},{"faqnumber":6,"question":"What version of TurboTax do I need in order to import my 1099DIV/B and 1099R?","answer":"\u003cp\u003eTo import your\u0026nbsp;1099DIV/B and 1099R, you will need the Premier or Self Employed version of TurboTax.\u003c/p\u003e\n"},{"faqnumber":6,"question":"When will I receive my 5498-tax form for my 2022 IRA contribution?","answer":"\u003cp\u003eYour 5498-tax form will be available online by 5/11. To access this form, log in to \u003ca href\u003d\"https://mysecure.vcm.com/documentcenter\"\u003ehttps://mysecure.vcm.com/documentcenter\u003c/a\u003e. Select the year and from the Document Category drop-down menu box, select “Tax Documents.” This applies only if you have elected e-delivery.\u0026nbsp;\u003c/p\u003e\n"},{"faqnumber":7,"question":"When TurboTax asks for my “Fund Account Number,” where can I locate this number?","answer":"\u003cp\u003eIf importing Victory fund details from a 1099R, please reference the “Account number” field. You do not need to enter the prefix # - you will need to enter the last 11 digits.\u003c/p\u003e\n\u003cp\u003eIf importing Victory Funds details from a 1099DIV/B combined tax form, please reference the “Acct. No.” field.\u003c/p\u003e\n\u003cp\u003eFund Account numbers can also be located on your Positions page on \u003ca href\u003d\"https://mysecure.vcm.com\" target\u003d\"_blank\"\u003ehttps://mysecure.vcm.com\u003c/a\u003e after selecting the applicable account from the main dashboard.\u003c/p\u003e\n"},{"faqnumber":8,"question":"I am trying to copy/paste my fund account number into TurboTax, why am I getting an error?","answer":"\u003cp\u003eThe copy/paste function is only available for the Online TurboTax version (this is a TurboTax limitation).\u003c/p\u003e\n"},{"faqnumber":9,"question":"How do I enter the Social Security Number associated to my account if I am not the Primary account holder?","answer":"\u003cp\u003ePlease review the applicable tax form and reference the “Recipient’s TIN” section. Although masked on your 1099, please enter the complete SSN/TIN associated to your account(s).\u003c/p\u003e\n"}]}]