Unit Investment Trust

Report a unit investment trust (UIT) and income produced by the unit investment trust in Schedule A.

Unit Investment Trust: Examples

For You, Your Spouse, and Your Dependent Children

Schedule A

Report a unit investment trust if the value of the unit investment trust was more than $1,000 at the end of the reporting period, or if the unit investment trust produced more than $200 in income during the reporting period.

Block A: Provide the exact name of the unit investment trust (e.g., list “Invesco Van Kampen Intermediate Corporate Investment Grade Trust” rather than just “Invesco Van Kampen”).

Block B: Report the value of the unit investment trust by marking the appropriate column.

EIF: Just to the right of Block B is a column identified as “Excepted Investment Fund” (EIF). A registered unit investment trust generally qualifies as an excepted investment fund. Therefore, in most cases, you need to mark the “Excepted Investment” Fund column.

Block C: Report the total amount of income produced during the reporting period by marking the appropriate “Amount” column. You do not need to mark a type of income because, as an exception to the normal rule, you do not need to indicate the type of income whenever you identify an asset as an excepted investment fund.

Click Here for Frequently Asked Questions  

 

This guide is not intended to provide investment advice, and you should not rely on statements in this guide when making investment decisions.