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+--- Thread: Taxes and Forms for Brokerage Account (/showthread.php?tid=1462)
Taxes and Forms for Brokerage Account - stewardinlife - 01-20-2016
Hello all,
Will I be receiving any 1099s or anything similar to that for my brokerage account that I have. I am a newbie here and opened brokerage account last year and have about 20K worth of div growth stocks.
What other info. do I need to have to file my taxes?
Thanks so much.
RE: Taxes and Forms for Brokerage Account - ChadR - 01-20-2016
You will get a 1099 from your brokerage account for the dividends received and any stock sales that you had.
RE: Taxes and Forms for Brokerage Account - stewardinlife - 01-20-2016
(01-20-2016, 05:10 PM)ChadR Wrote: You will get a 1099 from your brokerage account for the dividends received and any stock sales that you had.
ok, thanks ChadR.
I didn't have any stock sales but I did buy some REITS. I can just use the figures 1099 from brokerage in my tax returns then? I don't have to do any additional calculations for REITs, or any profit/loss.
Thanks again.
RE: Taxes and Forms for Brokerage Account - ChadR - 01-21-2016
You will need the 1099 for the dividend income and how much is qualified vs ordinary.