MANAGING YOUR ACCOUNT
Everything You Need to Know About Fair Market Valuations
As your self-directed custodian, New Direction Trust Company is required by state and federal regulators to provide an accurate market valuation for all assets held in your self-directed account. One way we do this is by asking for a Fair Market Valuation (FMV) for each tax year.
These FMVs can be easily submitted via the NDTCO Client Portal and are due by January 31, 2023 if the asset value is to be listed on IRA form 5498.