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2024 / 2025 Tax Information

As April 15th rolls around, we are here to help by ensuring that you provide your tax documents in a reasonable time.


See below our 2025 Mailing Schedule

Your documents will be accessible online through AccountView after each mailing date in the documents section.


Through AccountView, if you are currently enrolled in Paperless for your Tax Forms they will be emailed to you after each mailing date.

 

LPL Financial will be mailing the 1099 Consolidated Tax Statements in weekly phases this year. This will allow you to receive your tax forms as quickly as possible with the most accurate information available. 

 

Investment companies such as mutual funds, exchange-traded funds (ETFs) and Real Estate Investment Trusts (REITs) provide tax information to LPL Financial. When this information is furnished to LPL, and whether or not they reallocate or reclassify income, will determine when your 1099 Consolidated Tax Statement will be available. 


Even with the new weekly mailing schedule, delayed and reclassification can sometimes occur, resulting in a corrected 1099 being issued.


If you have previously listed your CPA/tax professional on your accounts to approve the sharing of your tax documents directly, please reach out to Ali Kari in our office when you are ready for her to securely email your documents over. Listing your CPA/tax professional does not automatically securely send your tax documents, this must be requested time of.


Qualified Charitable Distributions (QCD's): For non-beneficiary IRAs, a QCD is reported as an age-based distribution on the 1099-R form. For beneficiary IRAs, a QCD is reported as a death distribution. We recommend you consult with your tax professional to accurately record and acknowledge your charitable donation.


Our suggestion is to be patient in filling out your return if there is a high likelihood that you will receive corrected tax forms from your investment accounts. It is better to have the correct information the first time than to have to make a correction later.


Tax documents can be confusing, so please don't hesitate to contact our office if you have any questions.


Your Wealth Management Midwest Team

This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor. 

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