In addition, we have prepared a summary of the IRS-required cost basis reporting changes you will see on the 1099-B section of your Consolidated Tax Statement. This summary is also available from your Financial Advisor.
Should you have questions regarding the tax documents we provide, please contact your Financial Advisor. Tax preparation questions should be directed to your professional tax advisor. IRS Circular 230 Disclosure: Janney Montgomery Scott LLC, its affiliates, and its employees are not in the business of providing tax, regulatory, accounting or legal advice. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.
