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What are the tax requirements on my account activity?

April 26, 2017activity my account requirements tax

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What are the tax requirements on my account activity?

1 Answer

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You should consult your tax advisor. Users that allocate more money to the system should likely report returns as regular income to the IRS. You can access your realized gains and losses within your account to help you with this. If you transfer funds out of OneSeason in excess of the funds that you transferred in (recognized gain), OneSeason may require you to provide a W-9 to ensure that we have fulfilled our tax reporting obligations.