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Everything You Need to Know About Tax Documents

Visit our Tax Center for more information about 2022 taxes.

 

Will I Have Tax Documents from Stash? 

You should have tax documents from Stash if:

  • You received dividend payments greater than $10 from your Stash Invest accounts in 2021. 
  • You received more than $10 in interest on your Stash Invest account. 
  • You made a withdrawal from your Stash Retire IRA of $10 or more. 
  • You sold an investment in your Stash Invest account in 2021. 

 

You may also generate a form 5498 on or before June 1, 2022 if you made a contribution to your retirement account during 2021. For all the 2022 tax season dates, check out this article.

 

The forms you’ll receive represent your account activity from the previous calendar year, or any activity completed to qualify for that year’s contributions. For more information on the different tax forms you may receive, check out this article

 

You most likely won’t have tax documents if:

  • You received less than $10 of interest, and/or did not sell any investments before the end of 2021. 
  • You have a retirement account with Stash and you did not make any withdrawals. 

 

If you do not receive an email about tax forms and aren’t seeing any in your account, it’s because you don’t need them for this tax year.

 

You may be wondering:

  • What if I only have a return of $0.46? It doesn’t matter how much money you have in your account – if that 46 cents came from selling an investment (also called a realized capital gain, or loss), then you’ll have forms. 
  • What if I lost money? Even if you sold an investment at a loss, you will also get tax forms. Essentially, if you sold an investment, you’ll have a tax form.

 

Where do I Find Tax Documents? 

To keep your information safe, we do not email tax forms, but we will send you an email notification when your forms are ready. Stash provides all tax forms securely online directly from your Stash account. You can access them through the Stash app or on the web – it’s super easy! Here’s how:

 

Viewing On Actions

 

App
  1. Go to your Home Screen. 
  2. Click on your initials (iOS) or hamburger icon (Android) in the upper left-hand corner. 
  3. Scroll down to the Documents section and click Portfolio
  4. Navigate to the account type you are looking for documentation on. 
  5. Click Tax Documents – now you’ve got the documentation you need to declare any income or loss you may have realized from the previous tax year.
Web
  1. Click your name in the upper right-hand corner of the screen. 
  2. Select Statements & Tax Documents from the menu on the left. 
  3. Navigate to the account type you are looking for documentation on. 
  4. Click Tax Documents – now you’ve got the documentation you need to declare any income or loss you may have realized from the previous tax year.

 

I Closed My Account, How Can I Get Tax Information?

We’ll still notify you by email if you receive a tax document, even after your account is closed. It’ll contain a link to access your documents on our website. Log in with your same email address and password, and you’ll be able to download your tax documents.

 

Forgot your password? No problem. You can reset your password by following the instructions here

 

If you see that your Social Security number is incorrect on your tax form, please email us. We’ll give you directions on how to update your SSN and file a form for correction. 

 

While you’re here, it’s a great time to make sure that all of your contact information is up to date in your Stash account, including your address, email, and phone number. This ensures all of your forms also have the correct details.

 

Voila! Your tax season for Stash is ready. For more on deadlines and tax forms related to Stash Invest and Stash Retire, make sure to check out The 2022 Tax Season Dates You Need to Know.

 


DISCLOSURES

This information is subject to change and should not be considered legal or tax advice. Stash does not provide legal or tax advice. If you have questions regarding your personal circumstances, you should consult a tax or legal professional.

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