When will I receive my 1099 tax form?

If the value of your prize exceeds $600 you will receive a 1099 tax form to file for your 2017 taxes in early 2018.

B: For Second Prize Winners: if the total of free trades received or management fees waived exceeds $500 as of December 31st, 2017; then you will be issued a 1099 in 2018. Second Prize winners who spend less than $500 in special Ally Invest offers will not be issued a 1099.


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