CIRI IRS Form 1099s for the 2025 tax year were mailed no later than Jan. 29, 2026. Shareholders with Qenek accounts may access their Form 1099 in the portal. Tax information remains accessible in Qenek for seven years, allowing Shareholders to easily view and print their forms, if desired. 2025 tax forms will reflect reportable payments made to affected CIRI Shareholders in 2025. Shareholders may receive more than one type of Form 1099 depending on the type of CIRI income received. These include:
- Form 1099-MISC (resource revenue payments and prizes): Resource revenue—or 7(j)—payments derive from resource revenue sharing obligations among the 12 land-based Alaska Native regional corporations, as required by the Alaska Native Claims Settlement Act (ANCSA). Shareholders who owned at-large stock on March 25, 2025, received a $10.2725 per at-large share (or $1,027.25 per 100 shares) 7(j) payment from CIRI in 2025. Additionally, if you inherited at-large stock in 2025 and received an estate settlement payment, a portion of that payment may have included held 7(j) funds.
- Resource revenue payments are reported in Box 3 – Other Income on Form 1099-MISC. ANCSA requires that resource revenue amounts distributed in connection with CIRI village-class stock be paid to the associated village; therefore, CIRI does not report these payments as individual Shareholder income. Shareholder prizes are also reported in Box 3 – Other Income on Form 1099-MISC.
- Form 1099-DIV (estate payments): If you inherited CIRI shares in 2025, any held dividends paid by CIRI in connection with the inherited shares will be reported in Boxes 1a – Ordinary Dividends and 1b – Qualified Dividends on Form 1099-DIV. If you have held your shares for less than one year, please consult your tax advisor regarding the proper treatment of qualified dividends.
