January U.S. Tax Slips for American Clients

• Summary of 1099 Investment Income for Year 2007
A summary of distributions related to your holdings for Tax Year 2007. Whenever a “(?)” is included in your summary it relates to your account’s Canadian Income Trust Units. Since issuers of Canadian income trust units can change their previous reportable tax information up to February 28, we put the “(?)” as a marker to you, that all information concerning the Tax Year is not yet final. In addition, U.S. Real Estate Investment Trust (REIT) issuers have been known to make late disclosures, despite their IRS January 15 deadline. If there has been any further change to your tax information, we will send an updated summary and corresponding 1099-DIV or INT in March or April, allowing for the possibility of late issuer disclosures. If there is no amendment, the 1099s received in January are sufficient for filing purposes.

• 1099-DIV – Record of Dividends for Tax Year 2007
The 1099-DIV tax slip reports all dividends paid to U.S clients or client providing a W-9, as administered by RBC Dominion Securities, for activities in the Tax Year 2007. Click here for a form sample.

• 1099-INT – Record of Interest for Tax Year 2007
The 1099-INT records reportable 2007 interest paid to U.S clients of Dominion Securities (or any DS clients providing a W-9). Click here for a form sample.

• 1099-B – Reportable Distributions for Tax Year 2007
The 1099-B tax slip reports proceeds from sales or redemptions of securities, futures transactions, commodities and barter exchange. Click here for a form sample.