Education & FAQs

Tax Center

Filing Your Taxes

Recent Distributions
View a complete report of recent fund dividends and distributions.

View or print your online tax statements
Login to your account, click the View Statements tab, and select Tax Statements

Turbo Tax and H&R Block At Home
Find answers to frequently asked questions about using these software packages to file your taxes electronically.
TurboTax H&R Block At Home

 

If you have any questions, please call a Harbor Shareholder Services Representative at 800-422-1050, Monday through Friday, 8:00 a.m. to 6:00 p.m. Eastern time.

Tax Planning

It's never too early to contribute to your IRA...
Learn more about IRA contributions

Roth IRA vs Traditional IRA
Review our one-page guide to these two types of retirement accounts, or learn more about how to convert to a Roth IRA online.

Do new Cost Basis rules affect you?
Learn more about the changes to federal cost basis regulations.


Harbor Funds Tax Statements

Harbor Funds Tax Statements - Tax Year 2013

The table below lists all of the various tax statements that Harbor will be sending out to shareholders in early 2014. These statements will also be available online when you login to your account.

Note: Not all shareholders will receive all of these documents - it depends on the funds and accounts you hold with us.


IRS Form Description Mailing Schedule
1099-R Form 1099-R reports any distributions you have taken from your Harbor retirement accounts.  For more information about Form 1099-R, review the Harbor Funds 1099-R Tax Guide. Mailed on January 10, 2014
Available online
1099-DIV The Form 1099-DIV is a record of all taxable capital gains and dividends paid to you, including those that have been re-invested in a given tax year. You would use Form 1099-DIV to help report income received from investments on your tax return.  Note: Forms are not sent to investors who received or re-invested a total of less than $10 per fund.  For more information, review the Harbor Funds 1099-DIV/B Tax Guide. Mailed on January 17, 2014
Available online
1099-B Any redemptions you made during the tax year will result in a gain or loss, depending on whether the fund price increased or decreased from what you paid for it. For partial redemptions, we calculate the cost basis of the redemption by adding up the cost basis for the entire account and dividing by the number of shares. To determine whether short- or long-term capital gains apply, the IRS presumes you sell the oldest shares first. Form 1099-B summarizes the proceeds and includes the costs basis of all transactions. Figures from Form 1099-B are used on IRS Form 1040, Schedule D. For more information, review the Harbor Funds 1099-DIV/B Tax Guide. Mailed on January 17, 2014
Available online
1042-S Form 1042-S reports distributions of ordinary income dividends, long-term capital gains, gain from U.S. real property interests, and return of capital paid during the year to beneficial owners who are either non-resident aliens or foreign entities. Mailed on March 12, 2014
Available online
5498 Form 5498 reports your IRA contributions to the IRS. Harbor files this form directly with the IRS by May 31. The copy you receive will be just that - a copy for your records. You do not need to submit the Form 5498 to the IRS. Mailed on May 23, 2014
Available online

Cost Basis

Beginning in 2012, regulations have required mutual funds to provide cost basis information to shareholders and the Internal Revenue Service (IRS). You should be aware of these regulations and how they will affect the tax reporting on your taxable Harbor Funds accounts.

For more information on Cost Basis and how it may affect you, please visit the Cost Basis frequently asked questions.

Income from U.S. Government Obligations

Income from U.S. Government Obligations - Year Ended December 31, 2013

Mutual fund dividends from direct U.S. government securities are exempt from state and local taxes. The table below is the percentage of ordinary dividends paid by each Harbor fund in 2013 which was derived from U.S. Treasury and Federal Agency obligations. If the fund you own is not listed, it does not qualify for this exemption.

Fund Name Percentage of Income Derived from U.S. Government Obligations
Harbor Commodity Real Return Fund 22.28%
Harbor Unconstrained Bond Fund 41.74%
Harbor Bond Fund 11.93%
Harbor Real Return Fund* 25.78%
Harbor Money Market Fund* 52.95%

* These funds meet the threshold requirements for California, Connecticut and New York, which require that at least 50% of a fund's assets at each quarter-end within the tax year consist of U.S. government obligations.

The information shown above should not be construed as specific tax, legal or investment advice. If you have questions, please consult with your tax adviser to determine the appropriate use of this information for your tax situation.

Corporate Dividends-Received Deduction

Corporate Dividends-Received Deduction -- Year Ended December 31, 2013

The following percentage of each fund's ordinary income (income dividend plus short-term capital gain distribution) qualifies for the federal 70% dividends-received deduction from corporate dividends received (DRD). To be eligible for the deduction you must be a taxable corporation. Your eligibility for this deduction could be affected by certain provisions of the Internal Revenue Code.


Fund Name Percentage Eligible for Dividends-Received Deduction
Harbor Capital Appreciation Fund 100.00%
Harbor Mid Cap Growth Fund 6.26%
Harbor Small Cap Growth Fund 25.69%
Harbor Large Cap Value Fund 100.00%
Harbor Mid Cap Value Fund 100.00%
Harbor Small Cap Value Fund 63.85%
Harbor International Fund 4.36%
Harbor International Growth Fund 13.78%
Harbor Global Value Fund 55.03%
Harbor Global Growth  Fund 8.06%

The information shown above should not be construed as specific tax, legal or investment advice. If you have questions, please consult with your tax adviser to determine the appropriate use of this information for your tax situation.

Foreign Tax Credit

Foreign Tax Credit Information -- Year Ended December 31, 2013

Certain Harbor funds have elected to pass foreign taxes paid by the fund through to shareholders. As a shareholder, you may be entitled to claim a foreign tax credit or take an itemized deduction on your federal income tax return. Depending on your individual situation, you may need to file Foreign Tax Credit Form 1116 (Individual, Estate or Trust) or Form 1118 (Corporation).

Shareholders completing Form 1116 are no longer required to report foreign taxes paid on a country-by-country basis. To complete Part I of Form 1116, calculate your total income from foreign sources paid by the fund by multiplying the amount on Box 1a of your 1099-DIV by the percentage found in the following table and enter the result on line 1a. Enter "RIC" on line g. Enter foreign taxes paid from box 6 of 1099-DIV in Part II of the form.


Fund Name Percent of Box 1a That is Foreign Sourced Income
Harbor International Fund 92.92%
Harbor International Growth Fund 90.78%
Harbor Global Value Fund 68.34%

Certain states may require a breakout by country in order to claim a foreign tax credit on that state's tax return. Please refer to the following pages for detailed breakouts:
International Fund Foreign Tax Calculator
International Growth Fund Foreign Tax Calculator
Global Value Fund Foreign Tax Calculator

The information shown above should not be construed as specific tax, legal or investment advice. If you have questions, please consult with your tax adviser to determine the appropriate use of this information for your tax situation.

Qualified Dividend Income

Qualified Dividend Income - Year Ended December 31, 2013

The following percentage of each fund's ordinary income (income dividend plus short-term capital gain distribution) is eligible for reduced tax rates as qualified dividend income (QDI) during 2013.


Fund Name 2013 QDI Percentage
Harbor Capital Appreciation Fund 100.00%
Harbor Mid Cap Growth Fund 6.13%
Harbor Small Cap Growth Fund 19.27%
Harbor Large Cap Value Fund 100.00%
Harbor Mid Cap Value Fund 100.00%
Harbor Small Cap Value Fund 70.75%
Harbor International Fund 61.26%
Harbor International Growth Fund 100.00%
Harbor Global Value Fund 100.00%
Harbor Global Growth  Fund 24.18%

The information shown above should not be construed as specific tax, legal or investment advice. If you have questions, please consult with your tax adviser to determine the appropriate use of this information for your tax situation.