Personal Investments • TIPS in Taxable. Does Fidelity provide everything you would need to provide your CPA each year for tax purposes?

I'm considering purchasing the 10-year TIPS at auction that will be offered shortly using my taxable Fidelity account. My tax deferred IRA is already completely full with bonds. I've never owned TIPS in a taxable account before. I understand there can be tax challenges. I tried to read prior posts on this but my eyes quickly glossed over. I have one hopefully straightforward question. Is Fidelity going to send me a 1099 each year that includes all the information I need to provide to my CPA for taxes without my having to do any separate recordkeeping?

Sorry, one more question. Would the answer be different if they were secondary market TIPS?

Statistics: Posted by nassau34 — Thu May 09, 2024 8:54 pm — Replies 0 — Views 163

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