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Frequently Asked Questions

What documents do you need to do your taxes?

The W-2 form is one of the most important tax documents required for tax filing. The Federal Wage and Tax Statement form, otherwise known as a W-2, is issued to the taxpayer from their employer. The W-2 will state how much they were paid and how much was withheld during the last year.

When will I receive my tax documents?

Depending on the postal service delivery, you can usually expect to receive your tax documents by the third week of February or by the end of February for Brokerage accounts. If you don’t receive your tax documents by then, please call us at 1-800-TO-WELLS (1-800-869-3557) or 1-866-281-7436 for Brokerage customers.

How long to keep tax documents?

Keep for seven years. If you fail to report all of your gross income on your tax returns, the government has six years to collect the tax or start legal proceedings. To be on the safe side, McBride says to keep all tax records for at least seven years.

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