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The total annual amount invested by Business Angels in Germany is estimated to be between EUR 100m and up to EUR 300m. 7 The amounts invested per individual investee company vary significantly. Often, amounts between EUR 50k and EUR 100k are mentioned as average, however, during the financial crisis these amounts went down significantly (see also text box 2 on the Business Angel Panel below). | WELLS FARGO ADVISORS 2012 tax information guide Disclaimer To our clients Please retain this booklet with your First Clearing LLC FCC is the entity through which your firm clears transactions and 2012 tax records. If you use the services is the Payer responsible to the Internal Revenue Service IRS for reporting your federal income and any tax withholding that appears on your Form 1099. When of a tax advisor please furnish this reporting information on your tax return such as on Schedule B of Form 1040 be sure booklet to him or her This Tax to use FCC s name and Employer Identification Number instead of the name of your Information Guide is provided for your brokerage firm. general guidance and is based on IRS Only the information that is part of the official IRS Form 1099 is provided to the IRS. Please note that none of the following information is reported to the IRS partnership Form 1040 specifications. The distributions transaction details for Forms 1099-DIV or 1099-INT account fees or applicability of specific situations other monthly statement activity. Federal tax reporting requirements and additional should be determined through post year-end information from various issuers will frequently result in amounts shown on a Form 1099 being different from what appeared on your monthly additional consultation with your tax statements. If you received an IRS Form 1099 you must include that information on advisor. This guide is not intended to your tax return. However the instructions for various return schedules explain how to adjust that information on your return. If you received an Enhanced Summary be nor should it be construed as the statement instead of an official IRS Form 1099 none of the information in that basis of tax advice. Since tax laws can package is provided to the IRS. be very complex and subject to various We hope this guide will be helpful in assisting you with your IRS tax reporting interpretations and frequent changes requirements. The forms and
