Weekend Reading: Tax Docs Update

Dear Clients & Friends,

Try to stay awake for this weekend’s tax reading; it’s boring but important.

First, we wanted to remind everyone that we are fully compatible with Turbo Tax® and H&R Block® tax preparation software. Yes, I know - we remind everyone every year, but since we have a few new families that we’ve brought into our MORWM-isphere since last April, we wanted to get everyone re-acclimated. Attached are detailed instructions on how to use Turbo Tax and H&R Block tax preparation software with Investor360 (our client portal).

Next, let me give you an update on the delivery of 1099s. As most investors know, we are heavily dependent on mutual fund companies and stock transfer agents to deliver their tax information to us. From this data, we are able to produce your 1099s and K1s. Our goal is to deliver all 1099s by February 15th; however, since the fund companies have no deadline, there are always some stragglers.

Many of you received your 1099s as early as January 24th, and everyone will have access to at least a preliminary 1099 for any remaining accounts no later than midnight tonight. While these preliminary 1099s will likely be accurate, we cannot guarantee that they won’t require an amendment until we get final official information from every fund company. Yesterday we were told that this will be no later than March 10th.

So go ahead and download your remaining 1099s on Sunday, and move forward with your tax preparation. However, if your 1099 says “Preliminary” in the header, please be sure to check Investor360 again on or after March 10th in case there is an update.

For those of you who still use paper: 1) Any dates referenced above will be the mailing date, and 2) As committed environmentalists and a member of the Sustainable Business Network, we will get you to convert someday!

We wish you all a wonderful weekend.

Matthew Ramer, AIF®
Principal, Financial Advisor
MOR Wealth Management, LLC

1801 Market Street, Suite 2435
Philadelphia, PA 19103
P: 267.930-8301 | c: 215-694-4784 | f: 267.284.4847 |

601 21st Street, Suite 300
Vero Beach, FL 32960
P: 772-453-2810

matthew.ramer@morwm.com | www.morwm.com

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