What is a Series 480 tax form?

There are two separate Series 480 forms that Wealthfront generates for clients who reside in Puerto Rico: Series 480.6A and Series 480.6D. There is no de minimis for either form.

Series 480.6A reports any taxable dividends and/or gross proceeds from realized capital gains or losses in your taxable investment account. This form will also report any interest paid out in your cash account.

Series 480.6D reports any tax exempt dividends that were distributed in your taxable investment account.

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