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Tax Season, Simplified

Staying organized and planning ahead can help you save time, find deductions, and avoid errors.

Here is what to expect from us and how we can assist.

This guide was not prepared by a tax professional and is not intended as tax advice.Please consult with your tax advisor for assistance with tax preparation

Hathaway Financial Group, LLC is an independent firm of Money Concepts ‐ 11440 North Job Road, Palm Beach Gardens, FL 33418, 561‐472‐2000. All securities through Money Concepts Capital Corp., Member FINRA/SIPC.

Please consult with your tax advisor for assistance with tax preparation.


Getting StartedGetting Started

Before the first tax mailings start to go out at the beginning of the year, we recommend making a list of your accounts. As documents are received, check them off and keep them in a file. If you need a list of your Money Concepts accounts, contact us.

Documents to Expect

Brokerage [Lifestyle]: If you have a taxable brokerage account with Pershing, you will receive a lid d 1099 “Y E d T S ” hi h ill di id d i i lconsolidated 1099, or “Year‐End Tax Statement,” which will report dividends, interest, capital

gains, and trading activity. Cost basis, if available, can be found in the “Realized Gains and Losses” section.

IRAs [Traditional, Beneficiary, SIMPLE, SEP, Roth]: 1099s are generated for IRAs when a transfer or withdrawal occurred – regardless of whether the event was considered taxable. This includes, but is not limited to rollovers, conversions, and distributions.

REITs [non‐IRA]: 1099s are generated for interest and/or withdrawals.

Variable Annuities: 1099s are generated for withdrawals.Variable Annuities: 1099s are generated for withdrawals.

529s: 1099s are generated for withdrawals, regardless of whether they were used to pay qualified expenses. We recommend keeping receipts for all such expenses.

Thi i i i A li t’ it ti i i l t t f d t il t


This is a generic overview. As every client’s situation is unique, please contact us for details on your accounts.


Contributions to your IRA appear on form 5498, issued in May after the tax deadline has passed. To track of your contributions, highlight them in your checkbook register as you make them throughout the year, then refer to “Retirement Account Transactions” on your most recent Pershing statement to cross‐check them. Contact us for additional assistance.

Where to Access e‐Documents

If you enrolled in paperless delivery with Pershing, your tax documents can be found online. The documents are usually available for download by mid‐February, although some may appear

later and/or be revised several times before the tax deadline

Pershing tax documents

later and/or be revised several times before the tax deadline.

gcan be found in NetEx Client.Use the “Account Access and

Statements” link in the Client Center on

hathawayfinancialgroup.com.


http://hathawayfinancialgroup.com/client-access.php


Questions?

For general information on our services, account types, or advice on choosing a tax

professional, visit our website, hathawayfinancialgroup.com.

For questions regarding your Money Concepts accounts, copies of account documents, or

assistance with accessing NetEx Client, call us at 860‐531‐9148. g ,

We are happy to work directly with your tax professional. Please contact us for details.


http://hathawayfinancialgroup.com/index.php