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Are some investments more likely to generate a revised brokerage 1099 than others?

April 26, 2017brokerage investments likely revised

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Are some investments more likely to generate a revised brokerage 1099 than others?

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Yes, some investments, such as real estate investment trusts (REITs), registered investment companies (RICs), unit investment trusts (UITs), and certain foreign issues, are more likely to give rise to a revised 1099. For additional information about revised brokerage 1099s, refer to Pershing’s Tax Guide.