Broker Check

Tax Information: Frequently Asked Questions

<strong>When will I receive my tax documents from LPL Financial?</strong>

When will I receive my tax documents from LPL Financial?

LPL Financial mails out the Non-Retirement tax documents in waves, beginning on January 21st. For those of you who have set up your Account View portal, your tax document will be available online as soon as it is issued.

Form 1099-R’s, Retirement account tax documents, will be mailed and available on January 31st. Please click here to view LPL Financial’s mailing schedule and answers to some FAQ’s.

<strong>How do I access my tax forms through our LPL Financial online portal (Account View 2.0)?</strong>

How do I access my tax forms through our LPL Financial online portal (Account View 2.0)?

If you have never set up your Account View portal, please click here for instructions.

In order to access your tax documents, you will need to click “Documents” on the left-hand side of your Account View portal. This is the icon that looks like a file folder; afterward, you click the section labeled “Tax Forms”. Please click here for more detailed instructions.

<strong>What if I don&#8217;t like online access? Will I still receive my tax documents?</strong>

What if I don’t like online access? Will I still receive my tax documents?

Yes! By default, tax documents are sent via mail (unless you enrolled for e-Delivery directly). We are simply providing these instructions for convenience.

<strong>Does the transition to LPL Financial from Waddell &#38; Reed affect my tax reporting for 2021?</strong>

Does the transition to LPL Financial from Waddell & Reed affect my tax reporting for 2021?

Yes – you will be receiving Pershing and/or Ivy Investment tax documents, depending on which account you held prior to the transition.

  • If your previous account number began with Q6H, JWD, JWI, HW1, or HWP you will be receiving an additional tax document from Pershing.
  • If your previous account number began with 0001, 0002, 0003, 0006 you will be receiving an additional tax document from Ivy Investments.

Annuities and 529 Accounts will be sent separately and direct from the carrier as they have in the past.

<strong>When will I receive my tax documents from Pershing, and can I access them online?</strong>

When will I receive my tax documents from Pershing, and can I access them online?

Pershing will begin mailing their tax documents on January 31st; similarly to LPL Financial, this will be done in waves. Please click here for instructions on access your tax document through your NetxInvestor portal.

If you do not have a NetxInvestor account, you can set this up here. If you already have log-in information, you will be using the same username and password that you used previously. For comprehensive instructions on registering for your NetxInvestor account, please click here.

Please note: Unfortunately, we will not have direct access to your Pershing tax documents. Online access will be the quickest way to retrieve them; if you have trouble with this and are unable to locate your tax document, we can request them by phone but have been told that it will be a five day turnaround time.

<strong>When will I receive my tax documents from Ivy Investments, and can I access them online?</strong>

When will I receive my tax documents from Ivy Investments, and can I access them online?

Ivy Investments will begin mailing 1099-R’s on January 31st; they will begin mailing 1099-DIV’s (for Non-Retirement accounts) on February 15th. You can click here for a more detailed calendar outlining their mailing schedule.

Please click here to read instructions on accessing your Ivy Investments tax documents through your online portal; additionally, this page provides instructions on setting up your Ivy Investments online access if you have not done so already.

<strong>I went to my online portal, and it isn&#8217;t showing any tax documents!</strong>

I went to my online portal, and it isn’t showing any tax documents!

If you do not see any tax documents available through your online portals, this means that they are not issued yet.