Documents & Taxes

We will provide monthly account statements and trade confirmations for each purchase or sale of a Treasury bill. These documents will be emailed to you. Applicable tax documents will also be made available on Finvest when they are generated in January-February.

When tax season comes around, you’ll receive documents in January and/or February for your Treasury Account as required by law. If you earned $10 or more in interest income during the calendar year, you will receive a 1099-INT and will have to report that income on your tax return. If you earned less than $10 in interest in your Treasury Account, we will not provide tax documents since you are not required to report interest income of less than $10 to the IRS. We will also be providing you with Form 1099-B showing the trades that have occurred in your brokerage account and the resulting gains and losses.

To prevent reversals, we recommend confirming the following about your bank account before initiating transfers to Finvest:

- Has sufficient funds available for at least 5 business days after you initiate a transfer because it might take time for your bank to process the request.
- Is compatible with standard outgoing ACH transfers, and that you’ve entered in the correct information when you linked the account.
- Avoid savings accounts with limited monthly transactions (including any microdeposits to link an account)

If your deposit is reversed, we’ll send you an email. For some reversals, we might also unlink your bank account. Check out your settings page to relink your bank account.