1099 Tax Forms are available now on MySealaska!
Wednesday, January 17, 2024
Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2023. Printed 1099 tax forms will be mailed on or before Jan. 26.
How to find your 1099-DIV on MySealaska.com
Go to About Me > 1099s
Q: Why am I getting a 1099? I thought my distributions were tax free now that we have the Sealaska Settlement Trust?
A: The Sealaska Settlement Trust was created by a vote of shareholders in June of 2021.
Q: Why am I getting a 1099? I thought my distributions were tax free now that we have the Sealaska Settlement Trust?
A: The Sealaska Settlement Trust was created by a vote of shareholders in June of 2021.
- Distributions from Sealaska operations and the Marjorie V. Young (MVY) investment fund are tax free.
- ANSCA Section 7(j) payments to shareholders (Class B, C) will remain taxable income. Urban and At-Large shareholders (class B, C) will receive a 1099 tax form for 7(j) payments.
- For more information on the Sealaska Settlement Trust, click here.
Q. Why do I not have any 1099 information reported for the year?
A: Shareholders who have ONLY Class A, D, or E stock receive their dividends through the Settlement Trust or the Marjorie V. Young (MVY) Investment Fund, both of which are tax free. Shareholders of these stock classes will not receive a 1099 and do not need to report their dividends to the IRS.
A: Shareholders who have ONLY Class A, D, or E stock receive their dividends through the Settlement Trust or the Marjorie V. Young (MVY) Investment Fund, both of which are tax free. Shareholders of these stock classes will not receive a 1099 and do not need to report their dividends to the IRS.
Latest News
Community Meeting Information
Pinned - Posted 5/1/2024Sealaska shareholders are invited to join us at our upcoming in-person and virtual community meetings to learn more about Sealaska business operations, upcoming opportunities and connect with fellow shareholders and descendants.
Derik Frederiksen to support Sealaska’s continued in-region investment in position as Vice President of Regional Business Development
Posted 5/7/2024
Frederiksen shares in Sealaska’s vision for the region: a thriving future for Southeast Alaska.
Derik Frederiksen believes in the people of Southeast Alaska — and with this belief comes excitement about the future of both people and place. With over 20 years of experience serving Sealaska’s operations in the region and beyond, his energy, ideas and on-the-ground insight will serve to catalyze Sealaska’s continued commitment to a prosperous, sustainable Southeast.&...
Sitka Clan Houses Nominated for National Recognition on Historic Preservation Lists
Posted 5/3/2024
Jerrick Hope-Lang, LduteenSitka Indian Village and its Clan Houses proudly announce their nomination for prestigious national and statewide historic preservation lists. The nominations include recognition on the National Trust’s “11 Most Endangered Historic Places” and the Alaska Association of Historic Preservations’ “10 Most Endangered Historic Properties.”Sitka Indian Village, first built in the 1820s, is a cherished cultural landmark situated in the heart ...
Sealaska Announces Spring Distribution of $19.2 Million
Posted 4/12/2024
As part of Sealaska’s continued investment in our communities and region, a spring 2024 distribution totaling $19.2 million will be issued to shareholders on Thursday, April 18. Sealaska’s board of directors approved the distribution at a meeting held in Juneau on Friday, April 12. The upcoming distribution includes dividends totaling $4.5 million from Sealaska’s ocean-health business platform, $3.1 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and an additional $11.6 milli...
Sealaska Spring 2024 Distribution Date Announced
Posted 3/19/2024
The Sealaska Board of Directors will meet on Friday, April 12, 2024, to approve the amount for Sealaska’s 2024 spring distribution. The distribution will take place on Thursday, April 18. Shareholders can prepare for a seamless distribution by completing any enrollment or stock transfer paperwork, including gifting or inheritance, by Friday, April 12 at 4 p.m. The last day to make changes to addresses or direct deposit information is Monday, April 15, , before close of business, or online via M...
