Realized Gain/Loss Reporting Reminder

Pershing reports realized gains and losses on December account statements for accounts with active cost basis tracking. Clients should refer to both the account statement as well as Forms 1099 as they complete their taxes.

For accounts receiving the Tax and Year End Statement (TYES), gain/loss information and 1099 reporting will be consolidated on one document. The TYES is mailed to Spectrum Advisor, 1JA Portfolio Solutions, and Gold or Platinum ProCash Plus clients that are 1099-eligible.

If you have any questions regarding year-end reporting, please contact the SFS Service Center at 1-888-237-1838, option 2.

This information should not be considered as tax advice. You should consult your tax advisor regarding your own tax situation.

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