Abstract: A system and method for tax reporting of taxable and non-taxable distributions, gains and losses of investments including providing access to tax information regarding the investments and providing various functions pertaining to the tax information associated with qualified plans is provided. The system and method can be used by, among others, financial institution personnel to view and adjust tax information on tax forms.

Abstract: A system and method for tax reporting of taxable and non-taxable distributions, gains and losses of investments including providing access to tax information regarding the investments and providing various functions pertaining to the tax information is provided. The system and method can be used by, among others, financial institution personnel to view and adjust tax information on tax forms, such as the United States Internal Revenue Service (IRS) 1099, 1042S and 480.6A,B,C forms. The system and method can be used to perform tax reporting for any number of kinds of tax information and investment information, including tax information associated with investments in any kind of banking or trust account such as checking, savings, lines of credit, home equity loans, mortgages, trust accounts, and certificate of deposit, creditor accounts such as credit card accounts and loans, and employment-related accounts such as employer loans and employee stock purchase plans.