Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. offers both investment advisory services and brokerage services. Please consult your tax or legal advisors regarding your particular situation.Īs a firm providing wealth management services to clients, UBS Financial Services Inc. nor its employees provide tax or legal advice. This material is prepared for informational purposes only. This will bring you to Document Center where client you can search by fund and document type. This can be accessed by clients by following these steps in OLS:Īccounts -> Alternative Investments -> Launch AI Hub. However, most tax forms are also uploaded to the Alternative Investments Document Portal. Additionally, K-1 corrections may be requested through the Tax Package Support website if the PTP is listed on the site.Ĭlients who own Alternative Investments (AI) will receive either a Form 1099 or a K-1 directly from the issuer, depending on the structure of the investment. You can locate contact numbers and investor services websites for PTPs on the Tax Package Support website and/or the Partner DataLink website. Instead, you may obtain a copy of the K-1 from the partnership directly. Therefore, PTP K-1s are not available on OLS. However, as noted below, if this information is not available it will be sent in the final mailing or at a later date as a revised Form 1099.Ĭlients who own Publicly Traded Partnerships (PTP) (for example, master limited partnerships) will be sent a K-1 directly from the PTP. MBS 1099 income reporting information, which also includes information related to real estate mortgage investment conduits (REMICs) and mortgage pools, will be included with the Consolidated Forms 1099 if it is available on the first mailing date. Mortgage-Backed Securities (MBS) Form 1099 Information The first mailing includes Consolidated Forms 1099 that we do not anticipate will have any additional updates or issuer-driven reclassifications (e.g., reclassifications made by issuers such as mutual fund and unit investment trust (UIT) companies). It reflects information that is reported to the IRS and is designed to assist you with filing your federal income tax return. The Consolidated Form 1099 is the collection of all applicable Forms 1099 merged into one document.
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