Get the most from your Merrill Lynch tax reporting statement

Transcription

1 Get the most from your Merrill Lynch tax reporting statement Life s better when we re connected

2 Contents Here s an overview What is the Merrill Lynch tax reporting statement? Who gets a tax reporting statement?... 3 What will you find in your tax reporting statement?....3 Check the status of your linked accounts Get a glimpse of what s inside... 4 Important items for your attention Corrections... 5 See reportable and nonreportable information Your account activity is summarized You can review transaction details Monitor card or checking activity Tap into online services and support Downloading tax information Downloading text files Online statement view Read these important reminders Delayed statement mailings Amended returns due to reclassification Dates for statement mailings Access additional resources Questions about your statement Investment questions (non-tax related) Tax planning website Preparing your tax return Contacting the IRS Merrill Lynch is the marketing name for Merrill Lynch and Merrill Edge, both of which are made available through Merrill Lynch, Pierce, Fenner & Smith Incorporated ( MLPF&S ). Merrill Edge is the marketing name for two businesses: Merrill Edge Advisory Center, which offers team-based advice and guidance brokerage services; and a self-directed online investing platform. Merrill Lynch Wealth Management makes available products and services offered by MLPF&S, a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation ( BofA Corp. ). Banking products are provided by Bank of America, N.A., and affiliated banks, members FDIC and wholly owned subsidiaries of BofA Corp. Investment products: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value MLPF&S and Bank of America, N.A., make available investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp. or in which BofA Corp. has a substantial economic interest. 2

3 Here s an overview What is the Merrill Lynch tax reporting statement? As a Merrill Lynch client, you may receive a consolidated 1099 tax reporting statement that summarizes your account information for the past year. It helps make it easy for you or your tax advisor to prepare your tax return. Who gets a tax reporting statement? If you re a Merrill Lynch client who is an individual, a partnership, a sole proprietor, a taxable trust, an estate or any other entity for whom we re required to provide tax information or a Form 1099, you ll receive a tax reporting statement. What will you find in your tax reporting statement? The annual tax reporting statement contains details on information that s required to be reported to the IRS. It also includes nonreportable information related to the activities in your Merrill Lynch account. Plus, you ll find all the latest legislative changes as well as instructions for reportable items you need to include when filing your tax return. Your tax reporting statement includes the following sections: A summary of your account income for the prior year Form 1099-DIV: Dividends and Distributions Form 1099-INT: Interest Income Summary of Original Issue Discount (OID) Items Summary of Sales Proceeds Form 1099-MISC: Miscellaneous Income Distributions and Charges Industry recognition Merrill Lynch s tax reporting statement was ranked No. 1 overall in Corporate Insight s Broker Monitor Tax Statement Analysis report (July 2013). The report reviews annual year-end tax statements that include the official Form 1099 as well as supplemental reports. The Merrill Lynch statement was praised for offering one of the strongest tax reporting statements among all competitor firms reviewed. OID and gross proceeds and gain/loss details that may be IRS reportable at the transaction level The following summary statements are available online if you have the appropriate account activity. The information is not reported to the IRS. The Annual Summary statement includes account activity information that s not reported to the IRS but is helpful in preparing an income tax return. If you re part of the Visa program, you ll get the details of your Visa card and checking transactions on a Visa Access summary statement. This summary statement will be posted online at mymerrill.com or merrilledge.com. 3

4 Check the status of your linked accounts If your monthly account statements are linked and you re eligible to receive multiple tax statements, your statement package will include the household link status summary page. The household link status summary includes a list of all the accounts within a statement link that have your household address and for which Merrill Lynch is required to provide annual tax reporting (Forms 1099). We ll package statements in the same envelope, when possible, and mail them to the primary account holder. We ll also provide the mailing status of the applicable tax statements and the page number(s) of the statement included within the package. The page numbers of each tax statement will be consecutive. For example, if the first tax statement is pages 1 through 10, the second statement will begin on page 11. The eligible statement and form types that may be included in the account status display are Consolidated, Supplemental, Annual Visa/ Checking Statement, Form 1099-R, Form 1099-SA and Form 1099-Q. One link status page is produced per statement mailing (mailings may include more than one account per package). Get a glimpse of what s inside JOHN Q CUSTOMER 123 MAIN STREET NEW YORK, NY XXX-XX of 43 ORIGINAL /09/2015 Table of Contents Page Summary Pages... 3 Original Issue Discount Details... 7 Contingent Payment Debt Details... 9 Non-Reportable Original Issue Discount Details... 9 Sale Proceeds and Gain/Loss Details Sales Proceeds and Profit/Loss Details on 1256 Contracts Federal Income Tax Withheld on Sales Proceeds Amortization and Accretion Information Dividend Income Activity Miscellaneous Income Activity Interest Income Activity Other Distributions and Charges Your tax reporting statement s cover page includes a Table of Contents that directs you to the start of each major section. You ll see a stop sign on the page if there are important items included in the statement that may affect your tax return. Merrill Lynch would like you to note the following item(s) which may affect your tax return. Please discuss these matters with your Tax Advisor prior to completing your tax return. IMPORTANT ITEMS FOR YOUR ATTENTION As a holder of a Widely Held Fixed Investment Trust, Real Estate Mortgage Investment Conduit and/or certain Collateralized Debt Obligations, you will be receiving a Supplemental Tax Information Statement in addition to this statement. The Supplemental Statement will be produced and mailed to you on or before the IRS deadline of March 16, We recommend you wait until you receive the statement to file your tax return. As an owner of units in a Master Limited Partnership, you will receive a Form 1065, Schedule K-1, directly from the General Partner. Although we have included any partnership distributions paid to your account in the Other Distributions and Charges section of this statement, we will not report this information to the IRS. The Form 1065, Schedule K-1 you receive will include your income, deductions and other items and should be used in the preparation of your tax return. 4

5 Important items for your attention Occasionally, we may highlight information that could impact your tax return. In that case, we d provide details in the CORRECTED /13/14 Important Items for Your Attention section of the statement. For example, if you re scheduled to receive a Supplemental Tax Table of Contents Page Information statement JOHN Q CUSTOMER because you hold a Widely Held Fixed Investment Summary Pages Trust (WHFIT),... Real Estate Mortgage Investment MAIN STREET Sale Proceeds and Gain/Loss Details... 5 Conduit and/or NEW certain YORK, NY collateralized debt obligations, you d be Dividend notified Income in Activity this section Interest Income Activity Note: This section won t appear if there are no messages for you. Corrections XXX-XX of TAX REPORTING STATEMENT Merrill Lynch would like you to note the following item(s) that may affect your tax return. A corrected tax reporting statement Please discuss replaces these matters any previous with your tax Tax reporting Advisor prior statement to completing you your may return. have received from Merrill Lynch. When we notify you of changes, an Adjustments Applied to This Statement section appears within the Important IMPORTANT Items ITEMS for FOR Your YOUR Attention ATTENTIONsection on the cover page. This section highlights every security that was adjusted and includes an accompanying explanation for the correction made. As a holder of a Widely Held Fixed Investment Trust, Real Estate Mortgage Investment Conduit and/or certain Collateralized Debt Obligations, you will be receiving a Supplemental Tax Information Statement in addition to this statement. That Supplemental Statement will be produced and mailed to you on or before the IRS deadline of March 17, We recommend you wait until you receive that statement to file your tax return. ADJUSTMENTS APPLIED TO THIS STATEMENT Security Description CUSIP Number Reason for Adjustment Transaction Date(s) Affected DIVIDENDS AND DISTRIBUTIONS PUBLIC STORAGE INC $0.10 REIT 74460D471 COMPANY RECLASSIFIED INCOME. 4/1/14 4/30/14 5/31/14 See reportable and nonreportable information Merrill Lynch is required to report your taxable information on Forms 1099 to the IRS. Three years ago, the IRS issued new regulations that required all brokers to report to clients and to the IRS the adjusted cost basis and the date it was acquired for covered transactions. The regulations specified a multiyear phase-in period during which different security classes would become subject to basis reporting. In 2011, we began basis reporting for covered equity sales, and in 2012 we reported basis on covered mutual fund sales. Beginning with tax year 2014, we initiated basis reporting on sales of covered bonds and options. The reportable section of your statement includes a summary of the 1099 taxable transactions in your account for the following categories: Dividends and Distributions Interest Income Original Issue Discount (OID) Sales Proceeds Miscellaneous Income In addition, we ve grouped a detailed, chronological breakdown of reportable transactions by security under the following categories: Original Issue Discount (OID) Proceeds From Broker and Barter Exchange Transactions Your statement will also include some nonreportable information. These sections can assist you in reviewing the summary of your investments and may be useful in preparing your tax return. They include details of your transactions as well as totals for each of the individual sections. We don t report to the IRS the details provided in the following sections of your statement: Dividends and Distributions Miscellaneous Income Other Distributions and Charges Interest Income You may, however, see data from various 1099 forms repeated in this section for your convenience, the totals of which are reportable to the IRS. 5

6 Your account activity is summarized Your statement s summary pages include the activity that we re required to report to you and, in most cases, to the IRS. In addition, summary pages include IRS form and line items associated with the income reflected in the summary boxes. This gives you an easy reference for where the information should be included on your tax return XXX-XX of 43 ORIGINAL /09/2015 JOHN Q CUSTOMER Your Financial Advisor 9697 Payer: 123 MAIN STREET ROBERT A SMIT Merrill Lynch, Pierce, Fenner & Smith Inc NEW YORK, NY FIFTH AVENUE 1500 Merrill Lynch Drive, NJ NEW YORK, NY Pennington, NJ Federal Identification Number DIV 2014 Dividends and Distributions (OMB NO ) 1099-INT 2014 Interest Income (OMB NO ) 3, a Total Ordinary Dividends Sched. B, Line 5 &/or Form 1040 Line 9a 16, Interest Income Sched. B, Line 1 &/or Form 1040 Line 8a 2 Early Withdrawal Form 1040, Line b Qualified Dividends Form 1040, Line 9b Penalty 3 Int. on U.S. Savings Bonds See Publication 550 7, a Total Capital Gain Distributions Sched. D, Line 13 or Form 1040 Line 13 1, & Treas. 4 Federal Income Tax Withheld Form 1040, Line b Unrecap. Sec Gain Schedule D, Line Investment Expenses Sched. A, Line 23 (Amt c Section 1202 Gain See Sched. D Instructions inc. in Line 1) 6 Foreign Tax Paid Form 1116 &/or Form 1040 Line d Collectibles (28%) Gain Schedule D, Line Foreign Country or See Instructions Various 3 Nondividend Distributions See Publication U.S. Possession 8 Tax-Exempt Interest Form 1040, Line Federal Income Tax Withheld Form 1040, Line b 9 Spec. Private Activity See Instructions for Investment Expenses Schedule A, Line 23 (Amt. inc. in Line 1a) 0.00 Bond Interest Form Market Discount See Instructions Foreign Tax Paid Form 1116 &/or Form 1040 Line Bond Premium See Instructions Foreign Country or U.S. Possession See Instructions Various 12 Tax-Exempt Bond See Instructions Various 8 Liquidation Distributions Cash See Instructions 4.42 CUSIP Number 9 Liquidation Distributions Non-Cash See Instructions Exempt-Interest Dividends Form 1040, Line 8b 10, Spec. Private Activity Bond Int. Div. See Instructions for Form , Summary of 2014 Original Issue Discount Items Original Issue Discount See Publication , Market Discount See Pulication Acquistion Premium See Pulication OID on U.S. Treasury Obligations See Publication , s of Original Issue Discount are individually reported to the IRS. Refer to the 2014 Original Issue Discount detail section of this statement. 2 4 Summary of 2014 Sales Proceeds Sales Proceeds See Form , Federal Income Tax Withheld Form 1040, Line Profit or Loss on 1256 Contracts See Form , Gross Proceeds from each of your 2014 securities trades are individually reported to the IRS. Refer to the 2014 Proceeds from Broker and Barter Exchange Transactions detail section of this statement. Summary page sections 1. Dividends and Distributions (Summary totals are reported to the IRS.) 2. Interest Income (Summary totals are reported to the IRS.) 3. Summary of Original Issue Discount Items (Individual details are reported to the IRS.) 4. Summary of Sales Proceeds (Individual details are reported to the IRS.) This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. You may reach a Tax Representative at Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) is a registered broker-dealer and wholly owned subsidiary of Bank of America Corporation Member, Securities Investor Protection Corporation (SIPC) XXX-XX of 43 JOHN Q CUSTOMER 1099-MISC Miscellaneous Income (OMB NO ) Distributions and Charges Royalties Schedule E, Line Limited Partnership Income... Non-Reportable Dividends and Other Income Form 1040, Line Interest Non-Reportable Tax-Exempt Interest Federal Income Tax Withheld Form 1040, line Taxable Municipal Accrued Interest Paid Sub. Payments in Lieu of Div. or Int. Form 1040, Line Non-Taxable Municipal Accrued Int. Paid Other Accrued Interest Paid Margin Interest... 2, This is important tax information and is being furnished to the Internal Revenue Service. If Fees... 14, you are required to file a return, a negligence penalty or other sanction may be imposed on Non-Reportable Distribution Expenses you if this income is taxable and the IRS determines that it has not been reported. Excess Bond Premium INSTRUCTIONS FOR RECIPIENT OF FORMS READ CAREFULLY The amounts listed on Forms 1099-DIV, 1099-INT, 1099-OID, 1099-MISC and 1099-B represent dividends, Foreign Tax Paid - You may be able to claim this foreign tax as a deduction or a credit on Form See interest, miscellaneous income, original issue discount and/or gross proceeds payments made or credited to your Form 1040 instructions. your account during the calendar year. Backup Withholding - Persons not furnishing their taxpayer identification number to the payer become subject to backup withholding on certain payments at a rate of 28%, including dividends, interest, and gross proceeds from dispositions of securities. See Form W-9, Request for Taxpayer Identification Number and Real Estate Mortgage Investment Conduits (REMIC's) and other Collateralized Debt Obligations (CDO's) must report interest income or OID paid or accrued during the tax year to a regular interest holder. If you are Certification, for information on backup withholding. a holder of a REMIC and/or CDO obligation, such interest income or OID will not be reflected on the Form Include this amount on your income tax return as tax withheld INT or 1099-OID appearing on this Tax Reporting Statement because this information is unavailable to Merrill Lynch prior to publication. Such information will be sent to you separately for inclusion on your income 1099-MISC - Miscellaneous Income (OMB No ) tax return. Each royalty trust is required to provide their shareholders with detailed information regarding items of trust income and deductions. Because the information reported to shareholders by the royalty trust includes the If you are an investor in a limited partnership, information concerning your distributive share of the partnership's taxable income or loss (Form 1065, Schedule K-1) will not appear on the Tax Reporting Statement. return twice. information we report to you on Form 1099-MISC, you should be careful not to report this income on your tax Such information will be sent to you directly from the limited partnership, for inclusion on your income tax Line 1 - Shows the income received from rental property. Report on Schedule E (Form 1040 ). return. Line 2 - Shows the royalty trust income paid to your account during the tax year. Report on Schedule E (Form 1040). Nominees - If your federal Taxpayer Identification Number is shown on this form and includes amounts Line 3 - Generally, report this amount on the "Other Income" line of Form 1040 and identify the payment. The belonging to another person, you are considered a nominee recipient. You must file Form 1099-DIV, amount shown may be payments you received as the beneficiary of a deceased employee, prizes, awards, INT, 1099-OID, 1099-MISC or 1099-B, as applicable, with the IRS, for each of the other owners to show their taxable damages, or other taxable income. See Publication 525, Taxable and Nontaxable Income. share of the income, and you must furnish a Form 1099-DIV, 1099-INT, 1099-OID, 1099-MISC or 1099-B to Line 8 - Shows substitute payments in lieu of dividends or tax-exempt interest received by your broker on each owner. A husband or wife is not required to file a nominee return to show amounts owned by the other. your behalf after transfer of your securities for use in a short sale. Report on the "Other Income" line of Form See the Instructions for Forms 1099, 1098, 5498, and W-2G Miscellaneous Income (Summary totals are reported to the IRS.) 6. Distributions and Charges (These items are not reported to the IRS.) 7. Instructions (Instructions on pages 4 and 5 of your statement explain the information included as well as how the information may be reported on your tax return.) 6

7 ORIGINAL /09/2015 JOHN Q CUSTOMER Your Financial Advisor 9697 Payer: 123 MAIN STREET ROBERT A SMIT Merrill Lynch, Pierce, Fenner & Smith Inc NEW YORK, NY FIFTH AVENUE 1500 Merrill Lynch Drive, NJ NEW YORK, NY Pennington, NJ Federal Identification Number Your account activity is summarized (continued) 1099-DIV 2014 Dividends and Distributions (OMB NO ) 1. Dividends and Distributions This section reports various dividend income amounts, including ordinary dividends, qualified dividends, exempt-interest dividends, income tax withheld from dividends, foreign taxes you ve paid on dividends, and income received from foreign sources for your account INT 2014 Interest Income (OMB NO Amoun 1a Total Ordinary Dividends Sched. B, Line 5 &/or Form 1040 Line 9a 16, Interest Income Sched. B, Line 1 &/or Form 1040 Line 8a 3, b Qualified Dividends Form 1040, Line 9b Early Withdrawal Penalty Form 1040, Line a Total Capital Gain Distributions Sched. D, Line 13 or Form 1040 Line 13 1, Int. on U.S. Savings Bonds & Treas. See Publication 550 7, b Unrecap. Sec Gain Schedule D, Line Federal Income Tax Withheld Form 1040, Line c Section Taxpayer 1202 Gain No. See Sched. D Instructions Page Investment Expenses Sched. A, Line 23 (Amt. inc. in Line 1) 0.0 2d Collectibles (28%) Gain Schedule D, Line Foreign Tax Paid Form 1116 &/or Form 1040 Line XXX-XX of 43 3 Nondividend Distributions See Publication Foreign Country or U.S. Possession See Instructions Variou 4 Federal Income Tax Withheld Form 1040, Line Tax-Exempt Interest Form 1040, Line 8b Investment Expenses Schedule A, Line 23 (Amt. inc. in Line 1a) Spec. Private Activity Bond Interest See Instructions for Form Foreign Tax Paid Form 1116 &/or Form 1040 Line Market Discount See Instructions Foreign Country or U.S. Possession See Instructions Various 11 Bond Premium See Instructions Liquidation Distributions Cash See Instructions Tax-Exempt Bond CUSIP Number See Instructions Variou RIGINAL /09/2015 Liquidation Distributions Non-Cash See Instructions Exempt-Interest Dividends Form 1040, Line 8b 10, Spec. Private Activity Bond Int. Div. See Instructions for Form 6251 Account No. 5, Taxpayer No. Page our Financial Advisor 9697 Payer: OBERT A SMIT Merrill Lynch, Pierce, Fenner & Smith Inc XXX-XX of FIFTH AVENUE Summary of Original Merrill Issue Lynch Discount Drive, Items NJ Summary of 2014 Sales Proceeds EW YORK, NY Pennington, NJ Amoun Federal Identification Number Original Issue Discount See Publication , Sales Proceeds See Form ,106.5 Market Discount See Pulication Federal Income Tax Withheld Form 1040, Line Acquistion Premium See Pulication 1212 ORIGINAL /09/2015 Profit or Loss on 1256 Contracts See Form ,998.7 X REPORTING OID STATEMENT on U.S. Treasury Obligations See Publication , Gross Proceeds from each of your 2014 securities trades are individually reported to the s of Original Issue Discount are individually reported to the IRS. IRS. Refer to the 2014 Proceeds from Broker and Barter Exchange Transactions ) 1099-INT Refer to the 2014 JOHN Original Q CUSTOMER Issue Discount 2014 detail Interest section Income of this statement. (OMB NO. Your ) Financial Advisor detail 2. section 9697 Interest of this statement. Income Payer: 123 MAIN STREET ROBERT A SMIT Merrill Lynch, Pierce, Fenner & Smith Inc NEW YORK, NY FIFTH AVENUE This is important tax information and is being furnished to the Internal Revenue Service. This section If you are lists required interest 1500 Merrill to file a income Lynch return, a received Drive, NJ negligence penalty or other sanction may be imposed on you if this NEW income YORK, is NY taxable and the IRS determines that Pennington, it has not been NJ reported , Interest Income Sched. B, Line 1 &/or Form 1040 Line 8a 3, during the year; for example, Federal Identification interest Number Early Withdrawal Penalty Form 1040, Line 30 You may reach a Tax Representative 0.00 at , Int. on U.S. Savings Bonds & Treas. See Publication 550 7, on corporate bonds, commercial paper, Federal Income Merrill Tax Withheld Lynch, Pierce, Fenner Form & Smith 1040, Incorporated Line 62 (MLPF&S) 2014 is a TAX registered REPORTING broker-dealer and wholly STATEMENT owned subsidiary of Bank of America Corporation debentures and notes, CDs, municipal Investment Expenses Sched. A, Line 23 (Amt. inc. Member, in Line Securities 1) Investor 0.00 Protection Corporation (SIPC) 1099-DIV 2014 Dividends and Distributions (OMB NO ) 1099-INT 2014 Interest Income (OMB NO Foreign Tax Paid Form 1116 &/or Form 1040 Line securities, and investment expenses Foreign Country or U.S. Possession See Instructions Various Tax-Exempt Interest Form 1040, Line 8b Included in these amounts is any accrued Amoun a 9 Spec. Total Ordinary Private Activity Dividends Bond Interest Sched. See B, Instructions Line 5 &/or Form for Form Line 9a 16, Interest Income Sched. B, Line 1 &/or Form 1040 Line 8a 3, b Qualified Dividends Form 1040, Line 9b Early Withdrawal interest Penalty earned. (Accrued Form 1040, interest Line 30paid Market Discount See Instructions a Total Capital Gain Distributions Sched. D, Line 13 or Form 1040 Line 13 1, Int. on U.S. Savings Bonds & Treas. See Publication 550 7, Various 11 Bond Premium See Instructions b Unrecap. Sec Gain Schedule D, Line Federal is Income not included. Tax WithheldSee Other Form 1040, Distributions Line Tax-Exempt Bond CUSIP Number See Instructions Various 5 Investment Expenses Sched. A, Line 23 (Amt. inc. in Line 1) and Charges for this information.) 10, , c Section 1202 Gain See Sched. D Instructions d Collectibles (28%) Gain Schedule D, Line Foreign Tax Paid Form 1116 &/or Form 1040 Line Nondividend Distributions See Publication Foreign Country or U.S. Possession See Instructions Variou 4 Federal Income Tax Withheld Form 1040, Line Tax-Exempt Interest Form 1040, Line 8b Investment Expenses Schedule A, Line 23 (Amt. inc. in Line 1a) Spec. Private Activity Bond Interest See Instructions for Form Foreign Tax Paid Form 1116 &/or Form 1040 Line Market Discount See Instructions Foreign Country or U.S. Possession Summary See of Instructions 2014 Sales Proceeds Various 11 Bond Premium See Instructions Liquidation Distributions Cash See Instructions Tax-Exempt Bond CUSIP Number See Instructions Variou 9 Liquidation Distributions Non-Cash See Instructions , Sales Exempt-Interest Proceeds Dividends See Form , Form 1040, Line 8b 10, Federal Spec. Private Income Activity Tax Bond Withheld Int. Div. See Form Instructions 1040, for Line Form , Profit or Loss on 1256 Contracts See Form , , Gross Proceeds from each of your 2014 securities trades are individually reported to the IRS. Refer to the 2014 Summary Proceeds of from 2014 Broker Original and Issue Barter Discount Exchange Items Transactions 3. Summary of Original Summary of Issue 2014 Sales Proceeds detail section of this statement. Discount Items Amoun Original Issue Discount See Publication , Sales Proceeds See Form , the Internal Revenue Market Service. Discount If you are required See to file Pulication a return, 1212a negligence penalty Federal This Income section Tax Withheld summarizes Form original 1040, Line is income is taxable Acquistion and the Premium IRS determines that See it has Pulication not been 1212 reported Profit or Loss on 1256 Contracts See Form , OID on U.S. Treasury Obligations See Publication , Gross Proceeds issue from discount each of (OID) your 2014 items securities accrued trades are on individually reported to the ax Representative s at of Original Issue Discount are individually reported to the IRS. IRS. Refer to the 2014 Proceeds from Broker and Barter Exchange Transactions your holdings of certain taxable debt Refer to the 2014 Original Issue Discount detail section of this statement. detail section of this statement. tered broker-dealer and wholly owned subsidiary of Bank of America Corporation instruments during the year. OID is Investor Protection Corporation (SIPC) This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. You may reach a Tax Representative at generally the difference between a bond s original issue price and its stated redemption price at maturity. Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) is a registered broker-dealer and wholly owned subsidiary of Bank of America Corporation Member, Securities Investor Protection Corporation (SIPC) 7

8 Various , , Foreign Tax Paid Form 1116 &/or Form 1040 Line Foreign Country or U.S. Possession See Instructions Various 8 Tax-Exempt Interest Form 1040, Line 8b Spec. Private Activity Bond Interest See Instructions for Form Market Discount See Instructions Bond Premium See Instructions Tax-Exempt Bond CUSIP Number See Instructions Various Your account activity is summarized (continued) 1, , the Internal Revenue Service. If you are required to file a return, a negligence penalty is income is taxable and the IRS determines that it has not been reported. ax Representative at Summary of 2014 Sales Proceeds Sales Proceeds See Form , Federal Income Tax Withheld Form 1040, Line Profit or Loss on 1256 Contracts See Form , Gross Proceeds from each of your 2014 securities trades are individually reported to the IRS. Refer to the 2014 Proceeds from Broker and Barter Exchange Transactions detail section of this statement. tered broker-dealer and wholly owned subsidiary of Bank of America Corporation Investor Protection Corporation (SIPC) 4. Summary of Sales Proceeds This section totals the gross proceeds received from dispositions of securities, including sales, redemptions, called bonds, tender offers and other dispositions for cash. Gross proceeds from short sales are also reported in this section in the year the position was closed. Account No. Taxpayer No XXX-XX JOHN Q CUSTOMER 1099-MISC 2014 Miscellaneous Income (OMB NO ) 2 Royalties Schedule E, Line Other Income Form 1040, Line Federal Income Tax Withheld Form 1040, line Sub. Payments in Lieu of Div. or Int. Form 1040, Line This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. unt No. Taxpayer No. Page XXX-XX of 43 The amounts listed on Forms 1099-DIV, 1099-INT, 1099-OID, 1099-MISC and 1099-B represent dividends, interest, miscellaneous income, original issue discount and/or gross proceeds payments made or credited to your account during the calendar year. TAX REPORTING STATEMENT ) ervice. If posed on. Real Estate Mortgage Investment Conduits (REMIC's) and other Collateralized Debt Obligations (CDO's) must report interest income or OID paid or accrued during the tax year to a regular interest holder. If you are a holder of a REMIC and/or CDO obligation, such interest income or OID will not be reflected on the Form 1099-INT or 1099-OID appearing on this Tax Reporting Statement because this information is unavailable to Merrill Lynch prior to publication. Such Distributions information and will be Charges sent to you separately for inclusion on your income tax return. If Limited you are Partnership an investor in Income a limited partnership, information... concerning your distributive share of the partnership's Non-Reportable taxable income Dividends or loss and (Form Interest 1065, Schedule... K-1) will not appear on the Tax Reporting Statement Such Non-Reportable information will Tax-Exempt be sent to Interest you directly from the... limited partnership, for inclusion on your income 0.00 tax return. Taxable Municipal Accrued Interest Paid Non-Taxable Municipal Accrued Int. Paid Nominees - If your federal Taxpayer Identification Number is shown on this form and includes amounts Other Accrued Interest Paid belonging to another person, you are considered a nominee recipient. You must file Form 1099-DIV, Margin Interest... 2, INT, 1099-OID, 1099-MISC or 1099-B, as applicable, with the IRS, for each of the other owners to show their share Fees of the income, and you must furnish a Form 1099-DIV, INT, 1099-OID, 1099-MISC or 14, B to each Non-Reportable owner. A husband Distribution or wife Expenses is not required to file... a nominee return to show amounts owned by the other. See Excess the Instructions Bond Premium for Forms 1099, 1098, 5498,... and W-2G Miscellaneous Distributions Income and Charges This section lists miscellaneous income, which can be royalties, substitute payments in lieu of dividends or interest, or other income you may have received, as well as the amount of federal income tax that Merrill Lynch has withheld and reported on that income for a particular tax year. Limited Partnership Income... Non-Reportable Dividends and Interest... Non-Reportable Tax-Exempt Interest... Taxable Municipal Accrued Interest Paid... Non-Taxable Municipal Accrued Int. Paid... Other Accrued Interest Paid... Margin Interest... Fees... Non-Reportable Distribution Expenses... Excess Bond Premium... INSTRUCTIONS FOR RECIPIENT OF FORMS READ CAREFULLY Foreign Tax Paid - You may be able to claim this foreign tax as a deduction or a credit on Form 1 your Form 1040 instructions. Backup Withholding - Persons not furnishing their taxpayer identification number to the payer be ject to backup withholding on certain payments at a rate of 28%, including dividends, interest, and ceeds from dispositions of securities. See Form W-9, Request for Taxpayer Identification Number Certification, for information on backup withholding. Include this amount on your income tax return as tax withheld. 6. Distributions and Charges This section summarizes nonreportable distributions, interest earned and paid, and charges that are detailed in the Other Distributions and Charges section of the statement MISC - Miscellaneous Income (OMB No ) Each royalty trust is required to provide their shareholders with detailed information regarding item income and deductions. Because the information reported to shareholders by the royalty trust incl information we report to you on Form 1099-MISC, you should be careful not to report this income return twice. Line 1 - Shows the income received from rental property. Report on Schedule E (Form 1040 ). Line 2 - Shows the royalty trust income paid to your account during the tax year. Report on Sche (Form 1040). Line 3 - Generally, report this amount on the "Other Income" line of Form 1040 and identify the pa amount shown may be payments you received as the beneficiary of a deceased employee, prizes taxable damages, or other taxable income. See Publication 525, Taxable and Nontaxable Inco Line 8 - Shows substitute payments in lieu of dividends or tax-exempt interest received by your br your behalf after transfer of your securities for use in a short sale. Report on the "Other Income" li nt dividends, or credited to ns (CDO's) lder. If you are on the Form unavailable to n your income f the partner- Statement. income tax amounts 9-DIV, rs to show their or 1099-B to 8 ECIPIENT OF FORMS READ CAREFULLY Foreign Tax Paid - You may be able to claim this foreign tax as a deduction or a credit on Form See your Form 1040 instructions. Backup Withholding - Persons not furnishing their taxpayer identification number to the payer become subject to backup withholding on certain payments at a rate of 28%, including dividends, interest, and gross proceeds from dispositions of securities. See Form W-9, Request for Taxpayer Identification Number and Certification, for information on backup withholding. Include this amount on your income tax return as tax withheld MISC - Miscellaneous Income (OMB No ) Each royalty trust is required to provide their shareholders with detailed information regarding items of trust income and deductions. Because the information reported to shareholders by the royalty trust includes the information we report to you on Form 1099-MISC, you should be careful not to report this income on your tax return twice. Line 1 - Shows the income received from rental property. Report on Schedule E (Form 1040 ). Line 2 - Shows the royalty trust income paid to your account during the tax year. Report on Schedule E (Form 1040). Line 3 - Generally, report this amount on the "Other Income" line of Form 1040 and identify the payment. The amount shown may be payments you received as the beneficiary of a deceased employee, prizes, awards, taxable damages, or other taxable income. See Publication 525, Taxable and Nontaxable Income. Line 8 - Shows substitute payments in lieu of dividends or tax-exempt interest received by your broker on

9 You can review transaction details XXX-XX of 43 JOHN Q CUSTOMER OID 2014 ORIGINAL ISSUE DISCOUNT (OMB NO ) Position Held Market CUSIP Acquisition 7. Description Number Quantity From To Discount Premium * Remarks ORIGINAL ISSUE DISCOUNT XXX-XX of 43 DJIA MITTS ISSUER BAC 06051R /01/14 12/31/14 (9) 0.00 (78.99) 1, EGTR SERIES VY /26/14 04/01/14 (9) 0.00 (1.89) ZERO% FEB JOHN Q CUSTOMER 12/31/14 (9) 0.00 FICO STRIPS SERIES CVD /01/14 (205.82) ZERO% FEB /01/14 12/31/14 (5) Security Subtotal (205.82) The following sections are provided to facilitate your review and the preparation of your tax return. ML NATL FINC DJIA SV /01/14 The 12/31/ Proceeds from Broker 0.00 and Barter Exchange 0.00 Transactions section includes both sales of positions for covered securities and noncovered securities. A covered security includes securities when the purchase date of the security occurred within the following timeline: Equities acquired on or after January 1, 2011 and Mutual Funds acquired on or after January 1, Legislation requires Account reporting the No. gross proceeds of the sales of Taxpayer covered 10/22/14 and noncovered securities 0.00 and the adjusted cost 0.00basis for covered securities. Any sale of a security that is considered a noncovered security will still be included in this section with the adjusted cost basis (where No. Page WILLIAMS COMPANIES /04/ XXX-XX of 43 INCOME PACS /04/14 available) 10/22/14but the adjusted basis 0.00 will not be transmitted 0.00 to the IRS Security Subtotal In calculating gain (loss), unless otherwise noted, it was assumed that the oldest position was liquidated first, and that you have made an election to amortize the premium paid on the purchase of taxable bonds. Under the Cost Basis Reporting Regulations, brokers need not track wash sale activity for substantially identical securities, transactions across accounts, or between covered and noncovered securities. However, you as a taxpayer still have to TOTAL ORIGINAL ISSUE DISCOUNT (LINE OID) 1, track and report wash sales as you have in the past which would include all of the aforementioned TOTAL MARKET DISCOUNT JOHN transaction Q CUSTOMER types. Securities distributed from a retirement account reflect the tax basis on the date of distribution. Other methods for calculating gain (loss) are available. The cost basis for most Original Issue Discount ("OID") obligations includes the accretion of OID. For purposes of allocating original purchase price to the components of an equity TOTAL ACQUISITION PREMIUM unit consisting of a purchase contract and a debt (286.70) security subject to a remarketing event, we assumed that the fair market value of the debt security on purchase date was equal 2014 to its adjusted TAX REPORTING issue price. The difference STATEMENT between your original cost and the amount allocable to the debt component was allocated to the purchase contract. In making adjustments to the cost basis of the purchase contract, it was assumed that the unit holder included contract adjustment payments in income when received. ORIGINAL ISSUE DISCOUNT ON U.S. TREASURY OBLIGATIONS This is important tax information and is being furnished to the Internal 1099-BRevenue Service. If you are required 2014 to PROCEEDS file a return, a FROM negligence BROKER penalty & or BARTER other sanction EXCHANGE TRANSACTIONS (OMB NO ) U.S. TREASURY STRIP PRIN BL /26/14 04/01/14 (6) may (17.23) be imposed on you if this income is taxable and the IRS determines 1b. Date that of it has 1c. not Date been of Sale reported. 1f. IRS ZERO% AUG a. Description of Property Acquisition or Exchange 1d. 1e. Cost Basis Code 1g. Adjustments Account Gain No. or (Loss) Remarks Taxpayer No. Page 1099-B 2014 PROCEEDS FROM LORD BROKER ABBETT FLOATING & BARTER EXCHANGE CUSIP Number TRANSACTIONS (OMB NO ) XXX-XX of 43 U.S. TSY INFLATION NOTE MY /01/14 12/31/14 (7) b. Date of 1c. Date of Sale RATE FUND CL F 1f. IRS 0.500% APR a. Description of Property Acquisition or Exchange 1d Sale 1e. Cost Basis (9) 03/22/14 Code 1g. 05/21/14 Adjustments Gain or (Loss) Remarks (10.36) Sale (9) 03/22/14 05/21/ (1.48) Security Subtotal JOHN Q CUSTOMER (11.84) SHORT TERM CAPITAL GAINS AND LOSSES B Line 2 2 Covered Short Term Capital Gains and Losses Subtotal 275, , TAX 3, REPORTING STATEMENT COVERED TRANSACTIONS-1099-B Line 3, Cost basis reported to IRS (Code A) NONCOVERED TRANSACTIONS-1099-B Line 5, Cost basis not reported to IRS (Code B) APPLE INC CUSIP Number Sale 04/21/14 05/25/14 NEW 35, YORK CITY SER D 35,008.95CUSIP Number 64966BA B PROCEEDS FROM BROKER & BARTER EXCHANGE TRANSACTIONS (OMB NO ) FULLY RFD REF OID PRF 04 1b. Date of 1c. Date of Sale 1f. IRS APPLIED MATERIAL INC CUSIP Number MAR %MAR a. Description of Property Acquisition or Exchange 1d. 1e. Cost Basis Code 1g. Adjustments Gain or (Loss) Remarks Sale 02/02/14 02/02/ , Redemption (5) /24/13 04/01/ , , , (225.00) Sale 06/29/14 06/29/14 3, , Security Subtotal NEW YORK 5, ST EGY RESH DEV0.00 CUSIP Number 0.00 LONG 64984EBH7 TERM 5, CAPITAL GAINS AND LOSSES B Line 2 ATRV OID AMBAC AMT PFR 04 FIDELITY ADVISOR NEW CUSIP Number MAR %MAR COVERED TRANSACTIONS-1099-B LIne 3, Cost basis reported to IRS (Code D) INSIGHTS FD CL I Redemption (6) 12/24/13 03/15/14 10, , Sale 01/07/14 05/21/ AMEREN CORP 2.70 CUSIP Number VANGUARD GROWTH ETF CUSIP Number Sale 03/15/11 07/03/14 1, , (3,224.00) GOOGLE INC CL A CUSIP Number 38259P Sale 03/22/13 02/01/ (2.85) Short Sale 11/15/14 01/28/14(S) 37,459.67(P) 39,000.02(P) 0.00 COCA COLA (1,540.35) COM CUSIP Number Short Sale 11/15/14 01/28/14(S) WILLIAMS 37, COMPANIES 49,011.66(P) CUSIP Number (11,552.01) Sale 01/07/11 11/03/ (92.02) Tender 11/04/13 10/22/14 1, , Sale 04/19/14 10/21/14 49,299.14(P) 39,000.02(P) Redemption 11/04/13 10/22/ , , , , Sale 12/20/14 12/23/14 109,328.09(P) 109,180.00(P) Security Subtotal 0.00 HONEYWELL 18, INTL INC 7, CUSIP Number , Security Subtotal 233, , (2,645.15) Sale 06/28/11 05/13/13 21, (P) 17, , PUT DAL JAN 0011 CUSIP Number Short Sale* 05/20/14 05/13/14 OCCIDENTAL (S) 2, PETE CORP CAL 2, CUSIP Number (17.00) Sale 05/18/12 11/18/13 9,756.82(P) 8,155.02(P) , Noncovered Short Term Capital Gains and Losses Subtotal 36, , , Covered Long Term Capital Gains and Losses Subtotal 33, , , NET SHORT TERM CAPITAL GAINS AND LOSSES 311, , , NONCOVERED TRANSACTIONS-1099-B Line 5, Cost basis not reported to IRS (Code E) ALL AMERI COFFEE BV CUSIP Number 01643Q Sale 06/28/14 27, /29/09 26, D ALLACART INC CUSIP Number Sale 05/25/10 06/15/14 21, , (1,051.61) APPLE INC CUSIP Number Sale 05/25/10 06/15/14 1, , (41.54) APPLIED MATERIAL INC CUSIP Number Sale 02/23/ /07/ Sale 02/07/03 02/23/ Security Subtotal AMERICA BANK OF CUSIP Number Sale 01/15/ /03/ Sale 06/03/05 06/23/14 2, , Security Subtotal 2, , This section itemizes the information included on pages 3 and 4 of your statement. It also includes nonreportable information that you may find useful for completing your tax return. 1. Original Issue Discount (OID) This is the amount of OID income accrued during the year on taxable OID obligations that you held during 2014 in your Merrill Lynch account. Merrill Lynch reports the OID to the IRS separately for each instrument. Proceeds From Broker and Barter Exchange Transactions This section provides all gross cash proceeds credited to your account by Merrill Lynch from dispositions of securities for cash. Merrill Lynch reports the gross proceeds from each of these dispositions of securities separately. The detailed gross proceeds section is organized into the four categories below, as well as Broad-Based Index Options and Other Transactions (where applicable). Details for the associated income will display in chronological order by security and trade date. 2. Short-Term Capital Gains and Losses for Covered Transactions We ll report the cost basis and the sales proceeds for these transactions as required by the cost basis reporting regulations. 3. Short-Term Capital Gains and Losses for Noncovered Transactions We ll only report the sales proceeds for these transactions. 4. Long-Term Capital Gains and Losses for Covered Transactions We ll report the cost basis and the sales proceeds for these transactions as required by the cost basis reporting regulations. 5. Long-Term Capital Gains and Losses for Noncovered Transactions We ll only report the sales proceeds for these transactions. Finally, the section provides details of all sales and other closing transactions that occurred for which Merrill Lynch doesn t have enough data for calculating a gain or loss. The sales proceeds will be reported to the IRS. 9

10 You can review transaction details (continued) XXX-XX of 43 JOHN Q CUSTOMER B 2014 FEDERAL INCOME TAX WITHHELD ON SALES PROCEEDS (OMB NO ) Date of Sale 1f. IRS 1b. Date of 1c. 1a. Description of Property Acquisition or Exchange 4. 1e. Cost Basis Code 1g. Adjustments Gain or (Loss) Remarks COCA COLA COM CUSIP Number /03/14 (628.64) Federal Tax Withholding INCOME TAX WITHHELD 1099-B) (628.64) TOTAL FEDERAL (LINE XXX-XX of 43 JOHN Q CUSTOMER REALIZED COST BASIS INFORMATION FOR SECURITIES SUBJECT TO AMORTIZATION/ACCRETION AS OF DECEMBER 31, 2014 Date Date Adjusted Amortization/Accretion 2014 DIVIDENDS AND DISTRIBUTIONS Security Description Quantity Security Acquired Description Liquidated Cost Basis Quantity Year-to-Date 7Date Life-to-Date Transaction Description Sales Price Remarks WILLIAMS COMPANIES /04/13 10/22/ , NEW YORK ST EGY RESH-DEV COLLECTIBLES 12/24/13 03/15/14 (28%) GAIN (654.11) (89,900.00) 10, , Year-to-Date and Life-to-Date amortization/accretion figures are CIF net 2MPS adjustments and may include original issue discount, and/or 02/12/14 premium or market Collectibles discount (28%) adjustments, Gain if applicable. For con-892.1tingent payment debt instruments these figures include adjustments for non-contingent payments and the projected amount of any contingent payment previously made on the instrument. No adjustment is made for premium or discount. These figures assume TOTAL that COLLECTIBLES the client has made (28%) all elections GAIN (LINE to amortize 2D 1099-DIV) bond premium and accrete market discount on a current basis. A negative figure indicates a net reduction in cost basis due to such factors TOTAL as premium CAPITAL amortization. GAIN DISTRIBUTIONS The Adjusted Cost (LINE Basis reflects 2A 1099-DIV) adjustments for amortized and/or accreted amounts. However, for 1, XXX-XX of 43 contingent payment debt instruments premium and discount are not taken into account, and the basis shown is original cost increased by accrued original issue discount and decreased by the amount of any non-contingent payment and the projected amount of any contingent payment previously made on the instrument. In addition, if you are a participant in the Merrill Lynch Unlimited Advantage Cost Basis Allocation Service, these figures have NONDIVIDEND been adjusted by a DISTRIBUTIONS portion of the Unlimited Advantage Fee. This information is provided to you in order to assist in tax preparation and is based on information available to Merrill Lynch. It may not reflect all transactions or cost adjustment methods available to you. Please consult your Tax Advisor for more information. QUALCOMM INC /25/14 JOHN Q CUSTOMER Prin Payment /24/14 Prin Payment Security Subtotal TOTAL NONDIVIDEND DISTRIBUTIONS (LINE DIV) MISCELLANEOUS INCOME Security Description Quantity 8Date Transaction Description Remarks LIQUIDATION DISTRIBUTIONS - CASH ROYALTIES INVT Q TRM TR 1060 CANADIAN 01/30/14 RTY T UBILiquidation Distribution 04/14/ Royalty Trust Distribution TOTAL LIQUIDATION DISTRIBUTION - CASH (LINE TOTAL DIV) ROYALTY INCOME ACTIVITY TOTAL ROYALTY INCOME (LINE MISC) XXX-XX of REPORTABLE EXEMPT-INTEREST DIVIDENDS Security Description CUSIP OTHER QuantityINCOME Date Transaction Description Total AMT Remarks WILLIAMS COMPANIES 700 JOHN 08/16/14 Q CUSTOMER Other Income TAX-EXEMPT MONEY FUND DIVIDENDS INCOME PACS CMA NY MUNICIPAL MONEY TOTAL OTHER 11/30/14 INCOME Dividend ACTIVITY 1, /31/14 Dividend INTEREST INCOME TOTAL OTHER INCOME Security (LINE 3 Subtotal 1099-MISC) Security Description 1, Quantity Date Transaction Description Remarks TOTAL TAX-EXEMPT MONEY FUND DIVIDENDS INTEREST1, SUBSTITUTE PAYMENTS IN LIEU OF DIVIDENDS OR INTEREST CD KEY BANK N A 08/23/14 Interest 1, THORNBURG MTG INC COM CLEVELAND 01/23/14 OHIO Miscellaneous Dividend % JUN SEMI TOTAL SUBSTITUTE PAYMENTS IN LIEU OF DIVIDENDS OR INTEREST ACTIVITY XXX-XX of 43 SLM CORP 11/15/14 Interest TOTAL SUBSTITUTE PAYMENTS IN LIEU OF DIVIDENDS SRNT SER OR BED INTEREST 2 (LINE MISC) 11/15/ Federal Tax Withholding (12.23) FLT% DEC /15/14 Interest JOHN 12/15/14 Q CUSTOMER Federal Tax Withholding (18.84) Security Subtotal ML CONVRT STRIDES (JDSU) 09/27/14 Interest FICO STRIPS SERIES 8 05/15/14 Interest 2014 OTHER DISTRIBUTIONS AND CHARGES* Security 12/31/14 Description Market Discount Quantity 10 Date Transaction Description Total AMT Remarks Security Subtotal LIMITED PARTNERSHIP INCOME DJIA MITTS ISSUER BAC 03/15/14 Interest CONAGRA 12/31/14 CAPITAL L.C. Bond Premium /20/14 (18.84) Dividend SEE NOTE ADJUSTABLE RATE CUM Security Subtotal % PFD SERIES B ML BANKING ADVANTAGE 10/31/14 Interest 1, TOTAL LIMITED PARTNERSHIP INCOME TOTAL INTEREST ACTIVITY Investors in Limited Partnerships will receive information regarding 3, these investments via Form 1065, Schedule K-1 directly from the partnership under separate cover. Certain hedge fund Limited Partnerships may not be in a position to distribute K-1s prior to April 15. If you are an investor in Limited Partnerships, you may be FEDERAL INCOME TAX WITHHELD required to obtain an extension for filing your federal, state and local (31.07) income tax returns. TOTAL MARKET DISCOUNT ON INTEREST (INCLUDED IN LINE INT) TOTAL BOND PREMIUM ON INTEREST (INCLUDED TAXABLE IN LINE MUNICIPAL INT) ACCRUED INTEREST PAID (18.84) NEW YORK NY /15/14 Interest (135.00) 0.00 PRF /31/14 Market Discount MAR % OCT15 28 Security Subtotal (118.00) 0.00 NEW YORK NY 12/15/14 Interest (117.50) 0.00 BD#12 12/31/14 Bond Premium JAN %SEP Security Subtotal TOTAL TAXABLE MUNICIPAL ACCRUED INTEREST PAID (252.50) 0.00 TOTAL MARKET DISCOUNT ON TAXABLE MUNICIPAL ACCRUED INTEREST PAID TOTAL BOND PREMIUM ON TAXABLE MUNICIPAL ACCRUED INTEREST PAID NON-TAXABLE MUNICIPAL ACCRUED INTEREST PAID NEW YORK ST EGY RESH-DEV /15/14 Interest (135.00) (135.00) AMT PRF /31/14 Market Discount MAR % OCT15 28 Security Subtotal (122.00) 0.00 NEW YORK NY 12/15/14 Interest (117.50) 0.00 SER G BY BD#12 JAN %SEP TOTAL NON-TAXABLE MUNICIPAL ACCRUED INTEREST PAID (252.50) (135.00) TOTAL MARKET DISCOUNT ON TAXABLE MUNICIPAL ACCRUED INTEREST PAID Federal Tax Withholding Here are all gross proceeds withholding transactions in your account, if applicable. 7. Dividends and Qualified Distributions Dividend activity is itemized, but only the totals shown on the summary page are sent to the IRS. 8. Miscellaneous Income Here s an itemization of substitute payments in lieu of dividends or interest, royalties and other income. However, only the totals on the summary page are sent to the IRS. 9. Interest Income This is an itemization of reportable interest credited to your account by Merrill Lynch. Only the totals on the summary page are sent to the IRS. 10. Other Distributions and Charges This may include the following categories, if applicable. Totals and details are not sent to the IRS: Limited Partnership Dividends Nonreportable Dividends and Interest Taxable Municipal Accrued Interest Paid Nontaxable Municipal Accrued Interest Paid Other Accrued Interest Paid Margin Interest Investment Fee Information Nonreportable Distribution Expenses 10

11 Monitor card or checking activity If you re part of the CMA Visa program, you re likely to receive a Visa Access Transaction Summary statement. Note: This statement will be provided if there has been any CMA Visa card or checking activity during the reporting year and will only be available online. You must be enrolled in the free MyMerrill.com or Merrill Edge service in order to be able to view, print or download this statement. THE VISA ACCESS SUMMARY STATEMENT TRACKS ALL OF YOUR CARD TRANSACTIONS BY DATE AND MERCHANT CATEGORY, KEEPS YOUR CHECKS ORGANIZED NUMERICALLY AND EVEN PROVIDES A MONTH-BY-MONTH ANALYSIS OF ALL YOUR CARD AND CHECKING EXPENSES. THIS INFORMATION IS FOR PERSONAL REVIEW AND IS NOT REPORTED TO THE IRS. THIS ANNUAL SUMMARY STATEMENT CAN HELP YOU, YOUR TAX PREPARATION. ACCOUNTANT OR 1 YOUR TAX ADVISOR WITH YOUR FINANCIAL PLANNING AND YOUR 2014 CHECKS WRITTEN/BILL PAYMENTS Payee Check Number Date Written Date Cleared Client Workspace 1 JOHN Q CUSTOMER AND JANE Q CUSTOMER JTWROS 00 ANY STREET CITY, ST Account No. CMA Page 1 of 7 1X1-11X11 Your Financial Advisor 0000 TOM ADVISOR 000 ANY ROAD CITY, ST /19 02/29 ALLERGY CLINIC * 12/23 12/29 PGE * 12/23 12/29 NW NATURAL /23 12/29 CITY OF PORTLAND TOTAL WRITTEN/BILL PAYMENTS ACTIVITY CHECKS VISA ACCESS TRANSACTION SUMMARY Trans Date Description Location Merchant Category Client Workspace 01/02 THE GREEN MICROGYM OR Entertainment/Recreation 01/04 AllErgy Clinic Portland OR Healthcare 01/05 NFI* NETFLIX.COM CA 7.99 Other/Unclassified 01/19 LAURELHURST DENTISTRY PORTLAND OR Healthcare 01/20 THE TEAZONE PORTLAND OR Restaurants 01/21 WHOLEFDS LLH PORTLAND OR Merchandise 01/25 01/26 01/26 3 RITE AID STORE 5345 WHOLEFDS PRT POWELL'S BURNSIDE PORTLAND PORTLAND PORTLAND OR OR OR Healthcare Merchandise Merchandise 01/27 INDIA GRILL PORTLAND OR Restaurants 01/29 EMUSIC.COM AUDIOBOOKS NY 9.99 Other/Unclassified 01/29 EMUSIC.COM MUSIC NY Other/Unclassified 02/01 LAURELHURST DENTISTRY PORTLAND OR Healthcare 02/02 CHEVRON PORTLAND OR Service Stations 02/02 THE GREEN MICROGYM OR Entertainment/Recreation 02/03 COOL HARRY'S-1/599 SW 10T PORTLAND OR ATM Cash Withdrawals 02/04 GEICO DC Other/Unclassified 02/05 NFI* NETFLIX.COM CA 7.99 Other/Unclassified 02/08 GEICO DC Other/Unclassified 02/11 WHOLEFDS LLH PORTLAND OR 5.99 Merchandise 02/11 TRAVEL GUARD GROUP STEVENS POINT WI Other/Unclassified 02/11 FRONTIER AI FAREFAMILIES OK Air Lines/Travel Agents 2 1. Checks Written/Bill Payments Here you ll see details, in check number order, of checking and bill payment activity for the year, listing the date the check was written, the date it cleared, the payee and the amount paid. 2. Visa Access Transaction Summary This section lists CMA Visa transactions for the year in chronological order. The transaction date, date cleared, transaction description, location, amount and merchant category (for example, lodging, merchandise) appear for each transaction. JOHN Q CUSTOMER AND CMA Account No. Page 1X1-11X11 7 of 7 3 EXPENSES BY MONTH JAN FEB MAR APR MAY JUN 2014 SUBTOTAL Lodging , , Restaurants Car Rental Air Lines/Travel Agents Entertainment/Recreation Service Stations Healthcare Education Merchandise , Cash Advances ATM Cash Withdrawals , Other/Unclassified , VISA Credit Total Net Charges: , , , Total Checking: Total Expenses: , , , EXPENSES BY MONTH JUL AUG SEP OCT NOV DEC 2014 SUBTOTAL 3. Expenses by Month Here s a month-by-month analysis of all CMA Visa and checking expenses for the year according to merchant category. Lodging , Restaurants Car Rental Air Lines/Travel , , , Agents Entertainment/Recreation Service Stations Healthcare Education Merchandise , , Cash Advances ATM Cash Withdrawals , Other/Unclassified , VISA Credit Total Net Charges: , , , , , Total Checking: Total Expenses: , , , , , , ** END OF STATEMENT ** 11

12 Tap into online services and support Downloading tax information If you have IRS reportable accounts and retirement accounts, you can download the following tax information directly from Merrill Lynch into TurboTax, TurboTax Online or other TurboTax desktop software products, or H&R Block tax software: Form 1099-DIV: Dividends and Distributions Form 1099-INT: Interest Income Form 1099-OID: Original Issue Discount Form 1099-B: Proceeds From Broker and Barter Exchange Transactions Form 1099-MISC: Miscellaneous Income (TurboTax accepts download; H&R Block tax software requires manual entry) Form 1099-R: Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. You won t have to manually enter most data from your statement if you use any of the above-referenced online capabilities. TurboTax products and H&R Block tax software will prompt you to enter your MyMerrill.com or Merrill Edge Login ID and password before downloading your information. The download service is available to MyMerrill.com or Merrill Edge clients at no additional cost. If you re not currently enrolled in MyMerrill.com or Merrill Edge, you have the opportunity to register when you navigate through the TurboTax or H&R Block tax software interview process. Enrollment in MyMerrill.com or Merrill Edge is free and can be completed in just a few minutes. For more information on these services, and for a TurboTax software discount to Merrill Lynch clients for TurboTax Online, please visit the Tax Education and Planning Center on MyMerrill.com or merrilledge.com. Downloading text files You can download your tax information into text files to import into Microsoft Excel software and other software. Enrollment in the free MyMerrill.com or Merrill Edge service is required. Online statement view To reduce the paper in your mailbox, you can opt to receive your tax reporting statement online. Online delivery of your statement is a new step in environmentally responsible financial reporting. When you receive your statement online, you can print, save to your computer or archive to a disk. You ll also be able to access statements from the past seven years. To view your tax reporting statement online through MyMerrill.com or Merrill Edge (merrilledge.com), click the Statements and Documents tab after logging in to the appropriate site. From there you ll be able to click the Tax Statements tab to access and view all your tax statements. You can also view your tax reporting statement by hovering over the Portfolio and Accounts tab and selecting Tax Statements from the drop-down menu or through the site search using any of the following keywords: taxes, tax statement, tax documents, year-end tax statement, tax preparation, tax forms, income tax, tax reporting, For a direct link to Tax Statements, visit the Tax Education and Planning Center on MyMerrill.com or merrilledge.com. 12

13 Read these important reminders We could receive amended information from mutual funds, real estate investment trusts (REITs) and unit investment trusts (UITs) after the Feb. 17 tax statement mailing deadline. As a result, we strongly discourage you from filing your tax return early if you re holding mutual funds, REITs and/or UITs. Below we ve outlined how we address this situation so we can provide you with an accurate tax statement. Delayed statement mailings We frequently have to delay the delivery of your tax reporting statement(s) when we do not receive year-end income classification data for certain mutual funds, REITs and UITs. In preparing tax reporting statements, we rely on the issuers of these investments to provide information about classification of their annual distributions. Some of these institutions may be delayed in providing us with the required information in time to accurately produce all tax reporting statements by Feb. 17. Merrill Lynch continues to be in the forefront of working with industry associations and the IRS to address the timeliness of income classification. In addition, we ve been communicating our concerns and expectations directly to those issuers whose products are available to our clients. Although the issue continues to show steady improvement, providing accurate information on time remains an issue for a significant number of mutual funds, REITs and UITs. Amended returns due to reclassification We typically begin printing tax reporting statements in late January. Some of the information in the statement is provided to us from outside sources and may occasionally be subject to change. Often, distributions made by mutual funds, REITs and UITs structured as regulated investment companies (RICs) need to be reclassified as a different type of distribution for example, nondividend distributions, qualified dividends, long-term capital gain distributions or tax-exempt dividends subject to the AMT after yearend financial information becomes available to the funds. Since we may not receive this amended information until after the Feb. 17 mailing deadline, we ll notify you of the amended information by providing you with a corrected tax reporting statement. Please discuss your specific situation with your tax advisor. 13

14 Read these important reminders (continued) Dates for statement mailings Here s a schedule of the various tax information forms that Merrill Lynch or others will mail to you in the first few months of the year. Most amended forms are mailed between the end of February and April 1. You ll receive only those forms that are appropriate for the activity in your accounts. For more exact mailing dates, please contact your Merrill Lynch financial advisor or Merrill Edge Financial Solutions Advisor. Form Description Mailing Deadline Tax Reporting Statement Form 1099 Consolidated summary of Forms 1099 February 17* Form 1099-DIV Reportable dividends and other distributions February 2 Form 1099-INT Reportable interest income February 2 Form 1099-OID Form 1099-B Original issue discount interest accretion (not paid) other than CMO/REMIC instruments Proceeds from broker and barter exchange transactions February 2 February 17 Form 1099-MISC Reportable miscellaneous income February 2 Form 1099-C Reportable debt income February 2 IRA Fair Market Value Forms 1099-R and 1099-Q Supplemental Tax Information Statement Schedule K-1 Form 5498-ESA Form 5498 Shows the fair market value of the account as of the last business day of the year Distributions from IRA, retirement account or Education Savings Account Widely Held Fixed Investment Trusts (WHFITs) and Real Estate Mortgage Investment Conduits (REMICs) Master Limited Partnership (MLP) income, which will be mailed directly from the General Partner Reports contributions to your Education Savings Account Reports contributions, rollovers and fair market value as of 12/31 of your IRA (other than Education Savings Plan) February 2 February 2 March 16 Mid-March April 30 June 1 *Merrill Lynch requests an IRS extension every year to account for publication of income reclassification. 14

15 Access additional resources Questions about your statement Call toll-free , 24 hours a day, seven days a week, if you have any tax reporting questions. You have access to specially trained client service representatives who are available nationwide to answer your questions about the information on your tax reporting statement. Investment questions (non-tax related) Contact your Merrill Lynch financial advisor or Merrill Edge Financial Solutions Advisor. Tax planning website Visit the online tax planning center through MyMerrill.com or merrilledge.com for tips and articles on making tax preparation easier. Preparing your tax return Contact your tax professional or the IRS. Contacting the IRS You can contact the IRS in one of the following ways: Call with tax questions for individuals, or with tax questions for businesses. Call to pay your taxes by credit card. Your Merrill Lynch Visa card is accepted as well as MasterCard, American Express and Discover cards. There is a convenience fee for this service. Visit irs.gov to obtain information and print forms and publications. 15

16 Any tax statements contained herein were not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state or local income tax penalties. Neither Merrill Lynch nor its financial advisors provide tax, accounting or legal advice. You should review any planned financial transactions or arrangements that may have tax, accounting or legal implications with your personal professional advisors. Merrill Lynch and any of its affiliates do not monitor or maintain the information available on the external website(s) mentioned nor represent or guarantee that such website(s) are accurate or complete, and they should not be relied upon as such. The Bull Symbol, CMA, Merrill Edge, Merrill Edge Advisory Center, Merrill Edge Financial Solutions Advisor and MyMerrill.com are trademarks or registered trademarks of Bank of America Corporation. American Express is a registered trademark of American Express Company. Discover is a registered trademark of Discover Financial Services. Excel and Microsoft are registered trademarks of Microsoft Corporation. H&R Block is a registered trademark of HRB Innovations, Inc. MasterCard is a registered trademark of MasterCard Worldwide. TurboTax and TurboTax Online are registered trademarks and/or registered service marks of Intuit Inc., registered in the United States and other countries. Visa is a registered trademark of Visa International Service Association and is used by the issuers pursuant to license from Visa U.S.A. Inc Bank of America Corporation. All rights reserved. AR3YFFYT BRO PM-01/15 01/2015