TAX REPORTING FORMS

Can I access tax forms online?
Yes, all members that are currently enrolled for eStatements in Home Banking will be able to view their tax statements online. To view your tax statement on...
Thu, 6 Feb, 2020 at 11:02 PM
When will I receive a 1098 Mortgage Interest tax form from Tower?
Tower is required to issue 1098 Mortgage Interest tax forms for accounts that have paid $600 or more in mortgage interest during a tax year. If January 31 f...
Thu, 6 Feb, 2020 at 11:03 PM
When will I receive a 1098-E Educational Interest tax form from Tower?
Tower is required to issue 1098-E tax forms for accounts that have paid $600 or more in interest. Tower is required to issue 1098-E tax forms no later than ...
Thu, 6 Feb, 2020 at 11:05 PM
When will I receive a 1099-C tax form from Tower?
Tower is required to issue 1099-C tax forms for accounts that have been discharged for bad debt. Tower is required to issue 1099-C tax forms no later than J...
Thu, 6 Feb, 2020 at 11:06 PM
When will I receive a 1099R Distributions from IRAs tax form from Tower?
Tower is required to issue 1099R Distributions from IRAs tax forms by January 31. If January 31 falls on a weekend, Tower will have until the first business...
Thu, 6 Feb, 2020 at 11:06 PM
When will I receive a 5498 IRA Contribution Information tax form from Tower?
Tower is required to issue 5498 IRA Contribution Information tax forms by May 31st. If May 31 falls on a weekend, then Tower will have until the first busin...
Thu, 6 Feb, 2020 at 11:07 PM
When will I receive my tax forms from Tower?
Tower is required to issue the 1099INT Interest Income, 1099R Distributions from IRAs and 1098 Mortgage Interest tax forms by the last day in January. If th...
Thu, 6 Feb, 2020 at 11:08 PM
Will I receive a 1099-INT Interest Income tax form from Tower?
Tower is required to issue 1099INT Interest Income tax forms for accounts that have earned $10 or more in dividends during a tax year. To determine if you h...
Thu, 6 Feb, 2020 at 11:09 PM