Expiring Withholding Statement Report

Learn how to view The Expiring Withholding Statement Report

What is the Report?

• Clients who have a withholding Statement Expiring at the end of the year. 
  
  

To view a list of the clients who have an expiring withholding statement:

Step 1. On the CRM, navigate to the left toolbar

Step 2. Click on CRM

Step 3. Select Accounts 

Step 4. Click the "Add View button"

Step 5. Search for "The Expiring withholding Statement Report" in the search bar

How to use the Report?

• Please review the list to determine which clients require the updated withholding statement.
• Please find the withholding statement under Account Documents in the Portal.
• Once the signed form is obtained, please submit an Account Administration service request through the CRM to update the client's withholding statement form.
  
  

Why use this Report?

• If the updated withholding statement is not submitted by the end of the calendar year, the accounts will be subject to additional withholding taxes (typically 15%)

How to submit a ticket if the client needs to update their form:

Step 1. On the CRM, search for the clients contact card. 

Step 2. Under the servicing tab, click on Account Administration 

Step 3. Select Special Handling

Step 4. Select Update Account Documentation 

Step 5. Then select withholding statement 

Step 6. Select the Root and attach the documentation 

Step 7. Then submit and you can track your ticket!