With respect to this posting, my goal is to find a client with a non-qualified brokerage account with Charles Schwab. Additionally, my hope is that a fellow Turbotax user will have non-Charles Schwab mutual funds in the account. Ok, here we go…in the Spring of 2020 my wife and I transferred our Victory Capital Mutual Fund account (in-kind) to Charles Schwab. The account was made up of (only) USAA mutual funds. In previous years USAA provided three supporting documents that I found especially useful at tax time. They are as follows:
- Taxable Income from US Government Sources
- State Tax Information (Source of Tax-Exempt Income)
- Mutual Fund Foreign Source Income
Obviously, I no longer have Victory Capital nor a USAA Investment account. But I do have USAA Mutual Funds with Charles Schwab. So, my question is basically what can I expect from Charles Schwab come late January with respect to the supporting documentation I just outlined? Therefore, that is the reason I am looking for a Charles Schwab client who owns non-Schwab mutual funds in a non-qualified account.
