What to Expect from Your Brokerage at Tax Time
As the number of envelopes labeled “Important Tax Information” pile up in your mailbox, it’s easy to get overwhelmed. Rather than getting discouraged this year, take control of your taxes. When you know what to expect in those envelopes, you can make sure you get the information you need.
Scottrade offers customers several in-person and online educational opportunities to learn more about their tax forms, and the information presented is useful for all investors, no matter which brokerage you’re with.
Form 1099
- Individual or Joint Brokerage Accounts
- Retirement Accounts
- Trusts and Estate Accounts
- Investment Club Accounts
- Partnership Accounts
- Sole Proprietorship and LLC Partnership Accounts
- Custodian Accounts
Reportable Transactions
Keep in mind that even if you have one of these accounts, you will only be issued a Form 1099 if you had reportable transactions in your account in 2011. For non
When you watched the Super Bowl this year, did you notice number 132 on the field? John Parry, an Ameriprise associate financial advisor, was the head official during the big game between the New York Giants and the New England Patriots. John balances his passion for refereeing NFL football with his career as a financial advisor, and finds there are some similarities between the two roles. Here’s what he has to say about managing it all. Q: How did you get started as a referee in the NFL? I was raised around athletics and officiating has been a big part of my life for as long as I can remember. My dad officiated major college basketball and football games and then moved into the NFL for 15 years before he became the Big Ten supervisor of officials. I credit my dad’s role in the NFL as one of the main reasons I was bit by the officiating bug. It 
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