Clients who received distributions from their retirement accounts in 2025, or who held brokerage accounts, will receive a 1099 tax statement in the coming weeks. This document is required to complete your tax return.
These statements can feel overwhelming, with pages of numbers and unfamiliar terms.
This How to Read Your 1099 guide will help walk you through how to read your consolidated 1099 tax statement and what the figures and terms mean. Many people simply pass them along to their tax preparer, which is perfectly fine.
Please note that 1099s are still being mailed by the custodian and are expected to continue through February and possibly into March (in rare cases).
This proactive approach enables us to provide 1099 forms more quickly and helps minimize the need for revised 1099 forms, ensuring a smoother experience for our clients.