1099 Tax Forms are available now on MySealaska!
Wednesday, January 17, 2024
How to find your 1099-DIV on MySealaska.com
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.
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
Exciting Opportunity at Sealaska Heritage Institute
Posted 7/11/2025SHI has an exciting position overseeing their STEAM programming and Post Secondary programming!
2025 Election Results
Posted 6/21/2025We are excited to announce that the results of the 2025 Sealaska election have been certified and are ready to share with all of you.
2025 Annual Meeting Agenda
Posted 6/21/2025
2025 Early Bird Prize Winners
Posted 6/10/2025Congratulations to our 2025 winners. At Sealaska, we are deeply grateful for your participation in this year’s election. Selecting exceptional leaders to help guide our shared future is one of the most meaningful ways for shareholders to engage with us. These winners were randomly selected from the pool of early birds by the Inspectors of Election. All payments will be processed this week and delivered via the payment method on file for distributions in MySealaska.com.
.jpg)
Sealaska Seeking Applicants for President
Posted 6/3/2025We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.
