Get ready for tax season
We're here to make taxes less taxing.
Last year, the RMD age increased from 70½ to 72 as a result of the Setting Every Community Up for Security Enhancement (SECURE) Act, and then RMDs themselves were waived by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The temporary waiver applied to:
There's no longer a waiver for 2021. As a result, anyone age 72 or older as of December 31, 2021, must take their RMD by year-end to avoid the 50% penalty―unless it's their first RMD, in which case they have until April 1, 2022.
In general, 1099 forms report income other than wages. Depending on the types of accounts you have, your transactions, and your investment income, you may receive several different tax forms. Most forms are required to be provided only for amounts of $10 or more or if taxes were previously withheld. You must report any investment income or distributions (reported on your year-end account statement) to the IRS.
Many forms are available online now or have been mailed. Others will be posted online or mailed this month. You can see the complete list of tax forms we provide, the dates they're available, and also download your forms.
Get notified by email the moment your forms are ready for download.
Receive some tax forms as early as mid-January.
See your forms here once they've been posted online for you.