Spring Distribution Update

The Board of Directors will meet on Friday, April 14 and the dividend announcement will be posted after the meeting.

Spring Distribution Update

The Board of Directors will meet on Friday, April 14 and the dividend announcement will be posted after the meeting.

1099 Tax Forms are available now on MySealaska!
Wednesday, January 18, 2023

Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2022. Printed 1099 tax forms will be mailed on or before Jan. 27.

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.
  • 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.

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