The information in your records is incorrect. I have no connection to the U.S. What can I do to remedy this situation?

Introduction

This Users Guide is intended to assist introducing brokers with answering questions your clients may have when completing our online Tax Form. Individual and joint accounts having tax information requiring update will be presented with the form immediately upon login to Client Portal. For joint accounts, each account holder needs to provide his or her personal information and complete an appropriate tax form. Organization and trust accounts will complete the form through an updated online account application made available through your Client Portal Dashboard. Applicable sections of the form will be pre-populated with information on record and the form should therefore only take a few minutes to complete. Completion of the form in a timely manner is critical to ensuring that both U.S. and non-U.S. taxpayers are not subject to any exceptional U.S. tax withholding and non-U.S. taxpayers receive the most favorable rate on dividend withholding as defined by U.S. treaties. As a result, the form cannot be by-passed upon client login and no other Client Portal functions will be accessible until completed…

The fastest and most effective way to remedy the situation is to provide the requested information so that our records are complete. You should also log in to Client Portal and make any required changes to your personal information…

The fastest and most effective way to remedy the situation of an out-of-date address or telephone number is to provide the information as requested in the notification you have received (see: I received a notification that a review of my file indicated a U.S. address or telephone and additional information is required. What additional information do I need to provide?…

No, you are not required to contribute to your IRA every tax year and there is no minimum contribution amount.

IRS Circular 230 Notice: The information contained in this FAQ is provided for information purposes only, is not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations and does not resolve any tax issues in your favor. Refer to IRS Publication 590, Individual Retirement Accounts for additional information on IRAs in general and consult your tax advisor about your individual tax situation…