Form 2439

A form a mutual fund or other investment company files with the IRS to report any capital gains that were not distributed to shareholders over the course of the year. Shareholders also receive copies of Form 2439.

References in periodicals archive ?

* Form 2439, Notice to Shareholder of Undistributed Long-Term Capital Gains, for regulated investment companies (RICs) and real estate investment trusts (REITs); and

Fiscal-year-taxpayer reporting requirements for JGTRRA capital gain changes

CPAs should read the detailed instructions in this announcement for changes in the following forms: 1997 Form 1099-DIV, Dividends and Distributions; 1997 Form 1099-B, Broker and Barter Exchange Transactions; 1996 Form 2439, Notice to Shareholder of Undistributed Long-Term Capital Gains, for 1996-97 fiscal years ending after May 6, 1997; and 1996 schedules K and K-1 for partnerships, S corporations and estates with 1996-97 fiscal years ending after May 6, 1997.

New capital netting rules

Con artists were telling taxpayers they could file Form 2439, Notice to Shareholders of Undistributed Long-Term Capital Gains, to collect up to approximately $40,000 in reparations, and the IRS was receiving thousands of requests daily for form 2439.