Earn While You Save

Not all account holders will receive a tax form. If the amount of dividends earned or mortgage interest paid is less than $10, you will not be issued a form.

If you qualify to receive a tax form, your earned dividends will be on your 1099-INT tax form. Otherwise, you may view dividends earned and/or interest paid on your December year-end statement and in online banking.

Forms you may be issued, depending on whether you have a share, loan or retirement account at JHFCU, include:

• Form 1098 – Mortgage interest paid
• Form 1099-INT – Dividends earned
• Form 1099-R – Retirement distributions
• Form 1099-Q – Distributions from Coverdell Education Savings Accounts
• Form 5498 – IRA fair market value and contributions

Your tax forms will be accessible online by January 31st of each year. We’ll send you an email at the address we have on file once they’re available. To view them, make sure you’re signed up for e-statements through online banking. Please remember, if you’re already enrolled in e-statements, you won’t receive a paper form. The only exception is for retirement accounts, which will be mailed to you but will also be available online.

Once logged into your account, press the Accounts dropdown tab, then E-Statements and Tax Forms. If you’re using our JHFCU mobile app, click the Menu button in the top left corner and scroll down until you see eStatements | Tax Forms.

Tax forms are available to members for 2 years.

Since contributions for the previous tax year can be made up until the tax filing deadline, the IRS 5498 form will be mailed by May 31st each year.