Please note the following important dates related to 2022 tax reporting for your GuideStream Financial account(s) provided by the custodian, Pershing.

  • Retirement Accounts (401k, 403b, Roth IRA, IRA, SEP, etc) – 2022 IRS Form 1099-R will be mailed to clients by January 31, 2023, and will include all the applicable 2022 reportable distribution information through December 31, 2022. Please note: if you did not take any distributions from your retirement account in 2022, there will not be any tax reporting issued.

  • Taxable Accounts – (Individual and Joint Investment Accounts, Trust Accounts, Etc.) 2022 IRS Forms 1099 (B, DIV, INT, OID and MISC):

Your form 1099 B, DIV, INT, OID, etc. will be delivered as early as possible, beginning January 31, 2023. By February 15th, you will be mailed either your 1099 form or a special Pending 1099 Notice.

  • The Pending 1099 Notice will be sent if issuers of securities held in your account have not yet provided their final tax information. It will inform you of the securities that are pending final reporting, and will provide the anticipated mail date of your 1099 form. Your final 1099 will be mailed no later than March 15, 2023.  It is suggested that you wait for your final 1099 before filing your taxes.

Delivery of Tax Information is available via your NetX Investor Online Access.  E-delivery is the convenient way to approach tax season!  If you are enrolled to receive e-delivery of account statements, but not tax documents, simply click on the green ”Go Paperless” icon after you log in.

Electronic delivery of account communications can make managing your financial information easier. With the ability to download your tax documents to your computer, you can easily upload these documents to your favorite tax preparation program or email your tax documents to your accountant.   

Please feel free to contact us if you have any questions regarding the tax mailing information above or going Paperless and having your tax documents sent electronically. If you need assistance, please contact your GuideStream adviser, or one of our Client Service team members:  Debra Lyon or Laurie Frisbie at 1-800-325-8975.

Please remember to contact GuideStream Financial, Inc. (“GuideStream Financial”), in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you want to impose, add, to modify any reasonable restrictions to our investment advisory services, or if you wish to direct that GuideStream Financial  effect any specific transactions for your account.  A copy of our current written disclosure Brochure discussing our advisory services and fees continues to remain available upon request.