Fidelity gave me the opportunity to complete my taxes with TurboTax at no cost! I had planned on using TurboTax regardless, but the added benefit of getting the Premier version for free was a fantastic bonus. James S: Fidelity is fantastic! I have a tip for anyone completing their taxes with TurboTax! On the … Read more
Looking to maximize your Fidelity 401k and IRA contributions in 2025? Learn the new limits, smart investment strategies, and how to optimize your retirement savings. The start of 2025 brings exciting opportunities for Fidelity investors to optimize their retirement savings and investment strategies. As someone who’s spent years helping others navigate their financial journey, I’m … Read more
If you’re a US citizen and find yourself subjected to backup withholding on your Fidelity account, there’s a straightforward process to address this issue. Backup withholding is typically imposed by the IRS if there’s an issue with your Social Security Number (SSN) or Taxpayer Identification Number (TIN) certification, such as a name mismatch due to … Read more
Now that Fidelity offers crypto trading to the public, it’s time to talk about taxes. If you buy and sell crypto on the Fidelity platform, you’ll either make a profit or a loss, and you need to report that on your taxes. So, how does the brokerage handle tax reporting for Bitcoin and Ethereum trades? … Read more