TRADESTATION 1099 tax form issues? | Reviews of Brokers and Data Feeds - futures trading strategies, market news, trading charts and platforms

Reviews of Brokers and Data Feeds

Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds


TRADESTATION 1099 tax form issues?

  #1 (permalink)

Bamberg, Germany
Trading Experience: Beginner
Platform: Sierra Chart
Broker/Data: IB, SierraCharts data
Favorite Futures: mini FDAX
Posts: 1,080 since Oct 2014
Thanks: 13,831 given, 2,569 received

TRADESTATION 1099 tax form issues?

As a US citizen living abroad, I still need to file US taxes so I receive 1099s from my Brokers. Last year I had both an equities and a futures account with Tradestation. I have received the 1099 for the futures account but they sent me a 1042 for the equities account, which is a form for a foreign citizen earning investment income with a US broker. This is wrong. I contacted Tradestation multiple times and they sent a second 1042. I called them today and they will have a supervisor call me. I can only speculate what they did wrong such as a data entry mistake when setting up the account. In any case, I hope the Supervisor can fix this problem. Has anyone had similar problems with receiving last year's 1099 from Tradestation?

Overall, I had a very positive experience with TradeStation's customer support. I don't want to flame them but I would like to get the 1099 so I can start preparing taxes.

Visit my futures io Trade Journal Reply With Quote