As the filing deadline for income taxes approaches, Gentry Private Wealth would like to share a few reminders to help make the filing process as smooth as possible.
Tax document timing
Charles Schwab and LPL generate tax documents in waves. The first production run typically occurs in late January and early February, followed by a second run in mid-February.
In some cases, custodians such as Charles Schwab or LPL may issue revised tax documents after these initial runs. This usually happens if they receive updated information from individual securities within your account.
To help you avoid the need for an amended return, we recommend waiting to file until you have all final tax documents. In addition to revised forms, K-1 forms may also arrive later in the tax season.
Where to access your documents
You can access your tax documents through the Gentry client portal or directly from Schwab or LPL.
Instructions:
- Log in to Gentry-Wealth.com. Navigate to Documents > Custodian Documents > Tax Forms (Schwab).
- Log in to Schwab.com and visit the Statements & Tax Forms section.
- Log in to LPL.com and visit the Documents & Statements section.
If you have any additional questions or concerns, please call 316-613-7570.
