Depending on the type of account(s) you have with Emperor, you should expect the following document(s):
- For an Emperor Individual account (standard taxable account) with dividends or realized gains/losses, Folio Investments will post a Consolidated 1099. Please note that some taxable accounts will have 2 Consolidated 1099s this year.
- For any IRAs (Traditional, Roth, or SEP) with any distributions/withdrawals (meaning that you have reached the age of 59½ and have begun taking money out, or you’ve taken money out early and are subject to penalties), Folio Investments will post a 1099-R.
- For any IRAs with contributions/deposits, Folio Investments will post a form 5498 (this won't be available until late May 2020 because you can contribute to an IRA through mid-April). Please note that a Form 5498 is for informational purposes only. You are not required to file it with your tax return.
If you have any questions, please contact Folio directly via email at [email protected] or via phone at 1-(888)-485-3456.