- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, if the brokerage account is a taxable account and reported under your Social Security number, then you do need to report any dividends, interest, or trades reported on the consolidated form 1099, even if all of the income remained in the account.
If the brokerage account is a tax-deferred account, such as an IRA with a Federal ID number other than your Social Security number, then you do not report that information on your personal tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 27, 2022
9:31 AM
409 Views