2021 Notice about Filing Your Taxes

Because of the coronavirus pandemic, the IRS has extended tax filing and IRA contribution deadlines. Required minimum distributions have also been waived. Learn more about key changes that may affect you.

All necessary tax forms will be ready for you to download within your account by Feb. 16, 2021. If you are receiving a 1099-R or a 1099-INT, it will be ready even earlier, on Feb. 1, 2021.

If you receive a 1099-B, 1099-DIV, or 1099-R, these forms should be used to file your annual income tax return. If you receive a Fair Market Value (FMV) form and/or a Required Minimum Distribution (RMD) statement for your IRA, these forms do not need to be filed. You can check to see if you have any required minimum distributions due to being a certain age or being the beneficiary of an Inherited IRA. Learn more about RMDs.

Betterment is not a tax advisor, nor should any information herein be considered tax advice. Please consult a qualified tax professional.