Taxes & Distributions
Corporate Tax Status
From January 1, 2015, through December 31, 2018, JMP Group LLC was taxed as a partnership and, as such, issued Schedule K-1 tax forms to shareholders. The company has received approval from the Internal Revenue Service to be treated as a C corporation for tax purposes, rather than as a partnership, with an effective date retroactive to January 1, 2019. As a result, monthly cash distributions that were previously declared in advance of each period have been replaced with quarterly cash distributions declared subsequent to each period. Such quarterly distributions are taxed as dividend payments. For more information, see the press releases issued on January 17 and April 19, 2019.
JMP Group delivered 2018 Schedule K-1s to shareholders in early March 2019. All tax documentation is also available online. To access the company's tax package support page, click below.
For questions about your Schedule K-1, please contact our tax package support line at (800) 381-9889, or at (972) 248-5396 if calling from outside the U.S.
Frequently Asked Questions
Click below for answers to frequently asked questions about your Schedule K-1 and the taxes related to your investment in JMP Group.