Am I getting a 1099 from TD Ameritrade, and if so, when? Our call centers field this question countless times each January. Now you can sign up to receive this info via text and push notification.
Text messages. Push notifications. Big deal, right?
Actually, yes—if we’re talking about tax document alerts from TD Ameritrade. Starting this tax year, TD Ameritrade clients can sign up for alerts via text and push notification when their tax documents are ready to view.
If you’re not going to be receiving a 1099 document, you can get an alert for that as well. If you happen to require a corrected tax document at some point, you can get another alert when it’s available.
The key to filing taxes is being prepared. TD Ameritrade provides information and resources to help you navigate tax season.
“Am I getting a 1099 from TD Ameritrade, and if so, when?” In January of each year, this is perhaps the top question that comes in through our call centers and for good reason. Tax rates, forms, and filing requirements sometimes change from year to year. Savvy traders and investors typically want to wrap up the previous tax year as soon as possible so they can move on to the current one. Plus, some tax strategies, such as making an IRA contribution for the previous tax year, might depend on knowing your current tax status as soon as possible.
To add to the confusion regarding tax documents, there isn’t necessarily a set date when they’re ready. First, to shatter a myth, brokers do not need to make 1099s available by the end of January. Starting with the 2008 tax year, the IRS decided brokers have until February 15 to postmark 1099s. But often forms are ready earlier, and TD Ameritrade provides them before that date. That’s where tax alerts come in—sign up and you’ll get a text as soon as your document is available.
Want to receive tax document alerts via text message? Log in to your account, and under the Client Services tab, select My Profile > Communication Preferences. Under Document delivery preferences, scroll down to Tax alerts, and select the appropriate mobile number. Want to add or change a phone number? Go to My Profile > Personal Information > Edit (see figure 1).
Want to receive your tax document info as push notifications? If you have the TD Ameritrade mobile app, and you have push notifications turned on, you’ll receive these alerts automatically.
For years, clients have been able to set up automated alerts from trading apps and platforms regarding market activity. Did you just get filled on a limit order you were working in the thinkorswim® platform? Depending on your communication preferences, you might have just received an email, text message, or push notification. The same goes for support messages, broadcast messages, and any alert triggers you may have set up.
However, account alerts (such as the tax alerts shown in figure 2 below) are something new. Clients have been asking for more account-level transparency and real-time account communications, and we’re delivering. In fact, the tax document alert is the first of several such communication capabilities coming soon. For example, clients will soon be able to receive alerts on automated clearing house (ACH) deposits and when such funds are made available in your account.
Want more? Stay tuned.
for thinkMoney ®
Financial Communications Society 2016
for Ticker Tape
Content Marketing Awards 2016
Market volatility, volume, and system availability may delay account access and trade executions.
Past performance of a security or strategy does not guarantee future results or success.
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.
Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.
The information is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2019 TD Ameritrade.