{"id":4990,"date":"2025-12-16T12:07:40","date_gmt":"2025-12-16T12:07:40","guid":{"rendered":"https:\/\/altruist.com\/?page_id=4990"},"modified":"2026-04-07T21:56:56","modified_gmt":"2026-04-07T21:56:56","slug":"tax-center","status":"publish","type":"page","link":"https:\/\/altruist.com\/tax-center\/","title":{"rendered":"Tax Center"},"content":{"rendered":"
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Altruist Tax Center<\/p>\n\n\n

Tax Center<\/h1>\n\n\n

A central source for helping advisors and their clients feel ready and confident for tax season.<\/p>\n\n\n

Log in to access your tax documents <\/p>\n\n\n\n

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Client Log in<\/a><\/div>\n\n\n
Advisor Log in<\/a><\/div>\n<\/div>\n<\/div>\n\n\n
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For clients of advisors <\/p>\n\n\n

Access your tax forms with ease<\/h2>\n<\/div>\n\n\n
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Head to Documents in your Altruist Client Portal or Mobile App. Tip: set the filter to Tax Documents to see only your tax forms.<\/p>\n\n\n

1099-Consolidated tax forms<\/strong> (including 1099-DIV, 1099-B, 1099-INT, 1099-OID, and 1099-MISC) are issued by Altruist in three phases, based on the complexity of your financial portfolio. <\/p>\n\n\n

If corrections are needed, scheduled correction runs will begin March 17 and occur bi-weekly as necessary. These corrections may impact your
tax filing and deadlines.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n

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For advisors<\/p>\n\n\n

Manage retirement contributions and RMDs in one place<\/h2>\n<\/div>\n\n\n
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Easily track year-to-date contributions, distributions, and projected RMD shortfalls across all your clients from the Retirement Dashboard.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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NEW: Tax Form Center<\/h2>\n<\/div>\n\n\n
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Access all client tax forms in one centralized place. The Tax Form Center gives advisors a firm-wide view of tax documents, making it easy to find, filter, and download forms across households and accounts, especially during tax season.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n

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Altruist tax form schedule <\/h2>\n\n\n
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Form<\/p>\n<\/div>\n\n\n\n

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What is it?<\/p>\n<\/div>\n\n\n\n

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Date<\/p>\n<\/div>\n<\/div>\n\n\n

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Consolidated 1099 (Wave 1)<\/p>\n<\/div>\n\n\n\n

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Simple dividends, interest, sales, and
miscellaneous income.<\/p>\n<\/div>\n\n\n\n

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January 31<\/p>\n<\/div>\n<\/div>\n\n\n

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Consolidated 1099 (Wave 2)<\/p>\n<\/div>\n\n\n\n

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Amended consolidated 1099 forms and original 1099s for accounts that include more complex holdings like mutual funds and Unit Investment Trusts (UITs)<\/p>\n<\/div>\n\n\n\n

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February 19<\/p>\n<\/div>\n<\/div>\n\n\n

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Consolidated 1099 (Wave 3)<\/p>\n<\/div>\n\n\n\n

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More complex investments like Real Estate Mortgage Investment Conduits (REMICs) and Widely Held Fixed Investment Trusts (WHFITs). The second round of amended forms and K-1s are also typically sent in this grouping.<\/p>\n<\/div>\n\n\n\n

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March 16<\/p>\n<\/div>\n<\/div>\n\n\n

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Corrected Consolidated 1099s<\/p>\n<\/div>\n\n\n\n

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Corrected forms may be issued for various reasons, such as reallocations of dividend or interest payments by security issuers, updates to cost basis information, or adjustments due to wash sales. These amendments are marked with the letter “C” on the form.<\/p>\n<\/div>\n\n\n\n

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March 17 – October<\/p>\n<\/div>\n<\/div>\n\n\n

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480.6 A,B,C,D (Puerto Rico)<\/p>\n<\/div>\n\n\n\n

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Payment of dividends, interest, rent, salaries, wages, premiums, annuities, compensations, remuneration, or other fixed or determinable gains, profits,
and income.<\/p>\n<\/div>\n\n\n\n

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February 28<\/p>\n<\/div>\n<\/div>\n\n\n

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1099-R<\/p>\n<\/div>\n\n\n\n

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Distributions of $10 or more from: profit-sharing or retirement plans, IRAs, annuities, pensions, insurance contracts, survivor income benefit plans, permanent and total disability payments under life insurance contracts, charitable gift annuities, etc.<\/p>\n<\/div>\n\n\n\n

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January 31<\/p>\n<\/div>\n<\/div>\n\n\n

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Form 5498<\/p>\n<\/div>\n\n\n\n

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Details IRA contributions, Roth IRA conversions, rollovers, and the fair market value (FMV) of IRA accounts.<\/p>\n<\/div>\n\n\n\n

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May 31<\/p>\n<\/div>\n<\/div>\n\n\n

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Form 2439<\/p>\n<\/div>\n\n\n\n

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Provide shareholders of a regulated investment company (RIC) or a real estate investment trust (REIT) with the amount of undistributed long-term capital gains.<\/p>\n<\/div>\n\n\n\n

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April 1<\/p>\n<\/div>\n<\/div>\n\n\n

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Form 592-B (California)<\/p>\n<\/div>\n\n\n\n

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7% California state tax withholding on sales transactions, dividends, and interest.<\/p>\n<\/div>\n\n\n\n

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January – March 15<\/p>\n<\/div>\n<\/div>\n\n\n

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Schedule K-1\/Form 1065 <\/p>\n<\/div>\n\n\n\n

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Distributions from partnership securities and other items being passed through to the partners (holders of the security). The partnership admin should mail the K-1 by March 15th, unless the Partnership filed an extension. Client proceeds from the sale of units will be reported on the 1099-B section of the consolidated 1099.<\/p>\n<\/div>\n\n\n\n

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Altruist does not<\/u> generate this form but clients may receive from partnership investments.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n

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Important notice for retirement accounts converted from Equity Trust Company to Altruist in 2025<\/h4>\n\n\n
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If you have an IRA or Solo 401(k) that transitioned the trustee of record from Equity Trust Company (ETC) to Altruist in 2025, you may receive two sets of tax documents for the same account.<\/p>\n\n\n

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  1. \nFrom Equity Trust Company:<\/strong> Covers reportable activity from January 1 through October 31, 2025, when ETC served as trustee of record. These forms will be available on the Altruist Client Portal for download on January 31, 2026.<\/li>\n\n\n\n
  2. \nFrom Altruist: <\/strong>Covers reportable activity from November 1 through December 31, 2025 when Altruist served as the trustee of record. These forms will be available on the Altruist Client Portal for download on January 31, 2026.<\/li>\n<\/ol>\n\n\n

    When filing your taxes, include both sets of forms to capture the full year’s activity.<\/p>\n<\/div>\n\n\n

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    Next Steps<\/h2>\n\n\n
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    01<\/h2>\n\n\n

    Verify your email
    address and document delivery method<\/h6>\n\n\n

    Verify your email address and document delivery preferences in your Client Portal. <\/p>\n\n\n

    If you’ve signed up for e-delivery, you’ll receive an email notification when your tax documents are available. This message will come from AltruistFinancialLLC@investordocuments.com<\/p>\n<\/div>\n<\/div>\n\n\n\n

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    02<\/h2>\n\n\n

    Review
    FAQs<\/h6>\n\n\n

    Find answers to the most common questions about tax season below<\/p>\n<\/div>\n<\/div>\n\n\n\n

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