Simplify Your Taxes in 2017:
Receive a Discount on TurboTax.
Guggenheim Investments has teamed up with TurboTax® to make filing your 2016 taxes easier for accounts held directly with Guggenheim*. In addition to enabling you to upload key tax and transaction data from your Guggenheim Investments tax forms, our partnership also provides you with a discount on a suite of products from TurboTax—America’s leading tax preparation software. Import functionality is available for IRS Tax Forms 1099-DIV, 1099-B, and 1099-R—making it more convenient to complete your return by reducing the time, effort, and risk of entering data manually.
- Simplify tax filing in 2017. Automatically import 2016 Guggenheim Investments account tax data (when your account is held directly with Guggenheim)* from Forms 1099-DIV, 1099-B, and 1099-R directly into your TurboTax return.
- Get started early. Your compatible 2016 Guggenheim Investments tax forms will be available online (via TradeRydex.com) and in TurboTax by February 16, 2017.
- Receive a discount on TurboTax®—online or on your desktop.
- $5 off Deluxe edition (for itemized deductions and homeowners)
- $10 off Premier edition (for investments and rental property)
- $15 off Home & Business edition (for sole proprietors and small business owners)
*Import functionality is only available for accounts held directly with the transfer agent for Guggenheim’s mutual funds. Accounts held through other brokerages or financial institutions may not be compatible with data import functionality.
Frequently Asked Questions
Common questions about TurboTax and how to take advantage of your special Guggenheim discount are listed below.
Download TurboTax FAQs
How much is the discount on Turbo Tax?
Discounts range from $5 to $15, depending on the TurboTax product you choose.
|TTO* Federal Free Edition
|Basic (TTO Federal and Desktop Download)
|Deluxe and Deluxe Equivalents
(TTO Federal and Desktop Download)
|Premier (TTO Federal and Desktop Download)
Home & Business (TTO Federal and Desktop Download) &
Business (Desktop Download only)
*TTO – TurboTax Online
How do I take advantage of the discount?
Visit Guggenheim’s TurboTax microsite.
At what point do I receive the discount: when I download the software, or when I file my return?
- If you choose the TurboTax Desktop Download, the discount will be applied at the time you download the software.
- If you choose to use TurboTax Online (TTO), the discount will be applied when paying for TurboTax, near the end of the filing process.
Is the discount available if I purchase a CD version of TurboTax?
No. The discount is only available when downloading the software or accessing TurboTax Online via Guggenheim’s designated microsite.
Is there a discount for downloading software to complete and file state tax returns?
No. The discount is only available on software used to complete and file federal tax returns; it does not apply to software downloads for filing state taxes.
Are corrected tax forms available through TurboTax?
No. If Guggenheim provides a corrected tax form, that data will not be available in TurboTax.
Can I still receive a discount on TurboTax if I didn’t receive any tax forms from Guggenheim this year?
Yes, as long as you access TurboTax through our microsite.
Can I still receive a discount on TurboTax if I don’t have a Guggenheim Investments account?
Yes, as long as you access TurboTax through our microsite.
What is the maximum number of transactions you can import from your tax form(s) into TurboTax?
Due to capacity limitations, most TurboTax products can accommodate a maximum of 250 transactions per form. Very active traders (i.e., those with more than 250 transactions) may need to use the CD version of TurboTax instead of the online software in order to import all of their tax information successfully. Extremely active traders (i.e., those with more than 500 transactions) may find that even the CD version does not have adequate capacity. For clients who purchase the "Business" (Desktop Download only) version of the TurboTax software, however, there is no limit to the number of transactions that can be imported for Form 1099-B.
If I don’t complete my tax return during my first attempt, can I just sign into TurboTax.com to finish it?
While your Guggenheim Investments tax data is available through TurboTax.com, you must sign in via our microsite to receive a discount. We suggest that you bookmark our microsite to ensure that you receive the discount when you complete and file your federal tax return.
What should I do if a transaction is incorrect or if a transaction is missing from my TurboTax import?
If a transaction is incorrect or missing from your TurboTax import, please refer to the tax form provided to you by Guggenheim Investments. You can access your tax forms online by logging in to your Guggenheim Investments account at TradeRydex.com. If you believe that the information on your tax form is incorrect, please contact Guggenheim Investments’ Client Services team at 800.820.0888.
Will my tax preparer be able to import my Guggenheim tax form data directly?
No. Your tax preparer must request any forms or documents they need from you via the customer interfaces in Intuit Link or Intuit Tax Form Dropoff. Once you receive the request from your tax preparer, you can log in and download your Guggenheim Investments tax documents. Only when you complete that process will the data be shared with your tax preparer.
What should I do if I have other questions about using TurboTax?
TurboTax has a detailed “Help” section located at the top of the microsite page that offers answers to commonly asked questions as well as expert help services.
For more information, contact Guggenheim’s Client Services team at 800.820.0888 or firstname.lastname@example.org.
Imported information is not a substitute for your Form(s) 1099. The import containing your tax information is based on information known to Guggenheim Investments, or, in some instances, information that you have provided to Guggenheim Investments. You may be required to modify, delete, or otherwise act upon some or all of the information that you import from Guggenheim Investments. You may also need to make further adjustments for other events or items not tracked by Guggenheim Investments. It is essential that you complete the review processes contained within TurboTax to ensure that you report all Guggenheim Investments information correctly to the IRS.
Additionally, be sure to verify the information that you import against your own records to ensure accurate and complete reporting of all required tax information on your federal income tax return. Although Guggenheim Investments is providing the tax information import as a courtesy service, Guggenheim Investments does not guarantee that the information provided is entirely sufficient or accurate for tax reporting purposes. Guggenheim Investments is not liable for your reliance on, or use of, the import feature.
If you have specific questions regarding the preparation of your tax return, contact your tax advisor or the IRS.
This information does not constitute tax advice. Please consult your tax advisor and/or state and local tax offices for more complete information.
Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC ("Guggenheim"). Securities offered through Guggenheim Funds Distributors, LLC. Guggenheim Funds Distributors, LLC. is affiliated with Guggenheim Partners, LLC.