dascpa
Level 12
04-03-2024
10:00 AM
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Today one of my large investor client had moved all of his investments from 9 different investment accounts into 7 new ones and then rebalanced his portfolio. Not a big deal to enter 16 investment 1099's, just slow. But the investment house issues two 1099's for each account with exact same numbers. I ask the client - for joint accounts they split the 1099's into two. So now I have 9 + 7 + 7 = 23 investment accounts. Makes you wonder.