When investing with fidelity investments, having the correct tax identification number (TIN) linked to your account is crucial for tax reporting purposes. The TIN is a 9-digit number that uniquely identifies you to the IRS and allows fidelity to accurately report investment income and capital gains/losses. As a US taxpayer, your TIN will be your social security number (SSN). For non-US persons, it will be an individual taxpayer identification number (ITIN) issued by the IRS. You should take steps to ensure fidelity has your correct TIN, as an incorrect number can lead to penalties and rejected tax forms. This article will explain how to find your fidelity account TIN and make updates if needed.
Check your fidelity account statement for your TIN
The easiest way to find the TIN on your fidelity account is to look at your account statement. Fidelity lists the TIN associated with the account holder near the top of each statement. Most often it is titled as ‘Taxpayer ID’ or ‘Tax ID’. If you have online access to your statements through fidelity.com or the mobile app, you can log in and view your TIN there. If you only receive paper statements by mail, check the upper right corner of the first page for your Tax ID.
Call fidelity investments customer service
If you don’t have ready access to your account statements, a quick call to fidelity customer service can provide your TIN as well. Have your account number ready and let the representative know you need to verify the Tax ID listed on the account. They can pull up your account details and read off the SSN or ITIN currently associated with your investments.
Check your fidelity new account application
If your account is relatively new, refer back to your original account application with fidelity. When opening a new brokerage or retirement account, you must provide your SSN or ITIN on the application paperwork. Fidelity will use that number as the account TIN, so checking your initial application is another way to find the tax ID.
Update your TIN through your fidelity profile
If after checking your records, you find that your fidelity account has the wrong TIN associated with it, you will need to provide an update. The simplest way is to log into your fidelity.com profile and navigate to the ‘Profile’ section. There you can view and edit your personal details includingTax ID. Make the necessary correction and save the changes. Fidelity will update your TIN across all accounts linked to your profile.
Having the proper tax identification number connected to your fidelity investments account is crucial for tax reporting accuracy. Check your account statements, call customer service, or refer to your original application to find the TIN. If an update is needed, you can correct the information directly through your online account profile.