Tax Planning Resources
What Tax Forms Should You Gather Before Filing?
You may receive different tax documents based on your account activity. These forms report income, distributions, and contributions needed for accurate tax filing. Below are the most common documents, what they include, and when they apply.
Form 1099
There are multiple types of 1099 forms, each reporting different kinds of taxable activity. You should receive one 1099 per investment account that has reportable transactions. Common examples include:
Tax Information Statement (Form 1099)
This consolidated statement may include:
- 1099-B – Reports sales of securities and capital gains or losses
- 1099-DIV – Reports dividend income
- 1099-INT – Reports interest income
- 1099-OID – Reports original issue discount on bonds
These forms detail:
- Capital gains and losses
- Interest and dividend income
- Interest paid on margin accounts
Retirement Account Tax Statement (Form 1099-R)
Issued if:
- A distribution was made from a retirement account
- A rollover occurred (look for Code G in Box 7 to identify rollovers)
Education Account Tax Statement (Form 1099-Q)
Issued if:
- A distribution was made from an education savings account or 529 plan
Account Statements
For IRA and Roth IRA contributions, details are not reported on a 1099 form but can be found in your end-of-year Account Statement (e.g., December).