Tax season is here, and you’re probably busy collecting all your tax documents in preparation for filing your return. However, if you are a trust account beneficiary, you’re likely missing your K-1 form. So, when can you expect to receive it?

Unlike a 1099-R form that is required to be mailed by January 31, the deadline for trust tax documents is the IRS deadline of April 18. K-1s are part of trust tax returns and are produced by an accounting process that has unfortunately become more complex and prone to delays in recent years. In fact, trust tax forms are often the last forms approved by the IRS.

We understand that as a beneficiary, you want to receive your K-1s as soon as possible so you can file your tax return. Please know that Orchard Alliance diligently monitors the steps your trust documents must go through, and we deliver your trust tax forms as soon as they are available—with the goal of sending them to you by March 31.

If you have any questions about the K-1 process, please contact us at 833.672.4255 or email trust@orchardalliance.org. It is an honor to serve you and help you do immeasurably more for the Kingdom through your trust accounts.