Filing Your 2018 Taxes: A Betterment Guide
Taxes can be confusing, even for the most savvy investors. Let our team of experts guide you through what you need to know to file your taxes with confidence.
Top Dates Investors Should Know for Filing 2018's Taxes
Unlike banks or employers, the government guides investment services to distribute their main tax forms in mid-Feb. If you use Betterment, this means you can expect your 1099-B and DIV forms no sooner than Feb. 15.
Thursday, January 31, is the deadline for Betterment to provide the Form 1099-R which is commonly received for distributions, conversions, and rollovers (except direct IRA to IRA transfers) from retirement accounts. If you are lucky enough to get a qualified tax-free Roth distribution, you can now officially celebrate.
Friday, February 15, is the deadline for Betterment to provide the Form 1099-B/DIV, which is commonly received for investment sales and dividends received. You will not receive forms 1099-B or 1099-DIV for investments held in retirement accounts.
Most Common Tax Filing Questions
Reporting Investment Income on Your Taxes: Foreign, U.S. Government, and State
Investing in a globally diversified portfolio means that your taxes will have an added layer of complexity.
Filing Tax Forms as an Investor: 1099-B, 1099-DIV, 1099-R, and 5498
Find answers to common tax filing questions we hear from investors like you.
Importing Tax Forms Into Tax Software: TurboTax, H&R Block, and TaxAct
With Betterment, you can automatically import your tax information into TurboTax, H&R Block, and TaxAct.
Insights From our Head of Tax on Filing Your Tax Return
Our Head of Tax: 6 Tax Filing Hurdles When Investing
Taxes can be confusing, even for the most savvy investors. Enter Eric Bronnenkant, our Head of Tax, with six things to look out for when filing your taxes while investing.
What Is a Tax Advisor? Attributes to Look For
Since Betterment isn't a tax advisor, we often suggest that customers see a tax advisor regarding certain issues or decisions. Who exactly is a tax advisor and how should you think about picking one?
Tax Planning Happens Year Round, Not Just in April
Knowing how your investments affect your tax bill can help you save money not just on April 15th, but for years to come.
Put Your Tax Refund To Work—We’ll Show You How
You finally got your tax refund. Now what? We’ll show you how to put it to use so that you can get the most of your money.
What Should I Know About Taxes on My Investment Accounts?
An informed and educated investor can make better decisions if they know the unique tax attributes of each type of investment account.
Reducing Taxes on Interest: Try Replacing Your Savings Account with Smart Saver
Learn how you can help minimize taxes on earnings by focusing on state and local tax advantages with savings account alternatives.
How to Determine the Tax-Deductible Value of Donated Shares
As part of optimizing your portfolio for taxes, you should assess how much of your invested money you can donate to reduce capital gains tax, instead of donating cash.
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This article should not be considered tax advice.