After Dec. 31, CIRI’s accounting and finance department will be able to determine the proper treatment of the various types of distributions CIRI made to shareholders in 2017 with respect to IRS 1099 Form reporting requirements. As soon as the proper treatment is determined, the dividend hotline and CIRI website will be updated. An article about how CIRI distributions will be reported to the IRS will also appear in a future issue of Raven’s Circle.
CIRI’s IRS Forms 1099 will be mailed to shareholders no later than Wednesday, Jan. 31, 2018, as required by law. However, shareholders with Qenek portal accounts will also be able to access their tax information and print their IRS Forms 1099 online, prior to receiving their forms in the mail. The tax information will be available via Qenek as soon as the forms have been processed, or no later than Tuesday, Jan. 30.
To create a Qenek account or access your existing account, visit https://Qenek.ciri.com.