RoboTax is a patented software application that protects investors from substantial tax losses and tax forms that overstate taxable income, leading to tens of billions of dollars in completely avoidable investor losses.
Brokers and custodians can use RoboTax to find and claim return of capital tax deductions that result from the market structure problem known as “Buying a Dividend.”
RoboTax is a simple end-of-year process that involves uploading a file and pressing a button. Doing so protects hundreds of millions of people.
Unfortunately, the strategically important financial services firms, while agreeing the risk exists, are unwilling to protect the investors to whom they owe a fiduciary duty.
We are working on making RoboTax available to individuals so that you can correct your tax returns and #GetYourMoneyBack . In the meantime, contact your broker or asset manager and tell them you want to be taxed fairly and that you want RoboTax.