Tax implications of US Direct Indexing and Smart Beta

US Direct Indexing (formerly known as Stock-level Tax-Loss Harvesting) and Smart Beta should not have a significant impact on the complexity or expense of filing your taxes. For clients who use Turbotax, follow our instructions to import your transactions automatically.

If you don’t use Turbotax, we provide a consolidated 1099 so you only need to report summary-level transactions, rather than entering each transaction individually. We suggest speaking with a tax professional about any potential tax considerations. See here for more details.

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