Tax season is rapidly approaching, so we’d like to offer a few reminders and tips as you prepare!

• TD Ameritrade Institutional typically has tax forms available around the following: forms for withdrawals from retirement accounts (1099-Rs) should be available in very-late-January; forms for activity in non-retirement accounts (i.e. consolidated-1099s, which could include -B, -DIV, -INT, -MISC, or -OID) should be available in mid-February.
• You can access forms electronically by logging in to your account at TDAI at www.advisorclient.com. As soon as they are available, you can print them for yourself. Mailed forms can take 5 – 7 business days from the time they are prepared (see previously-mentioned time lines) to get to you.
• We recommend that you do not schedule an appointment with your tax preparer prior to February 15th (or thereabouts, especially if you’re waiting to get them in the mail) so that you are more likely to have all of the forms that you need.
• All tax forms are subject to being corrected due to updated information that TDAI may receive from individual fund companies. Those corrections can take several weeks to be reported. Again, we strongly recommend waiting until even March to have your taxes completed in order to minimize the risk of needing to file an amended tax return.

Additional and more specific information will be posted as it becomes available on TDAI’s website, www.advisorclient.com.

The strong showing in the equity market represented a rebound from the poor performance in the 4th quarter of 2018. The market was buoyed by moderate economic growth and better-than-expected corporate earnings growth. Interest rate stabilization and subsequent cuts added upside to US equities. Although global trade concerns remained the major focus in 2019 and into 2020, they did hinder positive moves in US stocks in 2019. We remain modestly positive for stocks and bonds. 2020 is a presidential election year, and we do anticipate increased volatility, but not like we saw in the 2016 election year.