Why does Fidelity Investments require PIT-38?
Fidelity Investments is a foreign broker, and all stock transactions in Poland require filing PIT-38. Additionally, as a foreign broker, it also requires the PIT-ZG attachment.
PIT-38 is an annual tax return for capital gains income. The capital gains tax rate is 19% (so-called Belka tax).
Important: Fidelity Investments is a foreign broker, so in addition to PIT-38 you will also need the PIT-ZG attachment.Read the PIT-ZG guide →
How to export data from Fidelity Investments?
To file PIT-38, you need to export the full transaction history from Fidelity Investments for the entire tax year.
Step by step:
- 1Step 1 of export from Fidelity Investments
- 2Step 2 of export from Fidelity Investments
- 3Step 3 of export from Fidelity Investments
- 4Step 4 of export from Fidelity Investments
- 5Step 5 of export from Fidelity Investments
Tip: For FIFO method, export history from the first purchase of shares that you still hold or sold in the reporting year.
How to calculate PIT-38 tax for Fidelity Investments?
PIT-38 tax calculation consists of several steps:
- 1Import file from Fidelity Investments: Use our calculator to import the exported CSV file.
- 2System automatically: Applies FIFO method, converts currencies to PLN using NBP rates, calculates tax.
- 3You will receive a summary: Ready to transcribe to the PIT-38 form.
Use our calculator
Our calculator automatically performs all calculations for you. Just import the file from Fidelity Investments.
Start calculationsHow to fill in the PIT-38 form?
Filling in PIT-38 form with data from Fidelity Investments:
- 1Download the PIT-38 form from the e-Deklaracje system or the Ministry of Finance.
- 2Enter personal data and tax year.
- 3Enter income and costs from the summary generated by the calculator.
- 4Calculate tax (19% of income).
Remember: Attach the PIT-ZG form with foreign income from Fidelity Investments to your PIT-38.
Frequently asked questions
Do I have to report all transactions from Fidelity Investments?
Yes, all transactions from Fidelity Investments require reporting in PIT-38. Even if you incurred a loss, you should report it - losses can be deducted from income in subsequent years.
Are Fidelity Investments commissions deductible?
Yes, commissions are a cost of revenue and reduce taxable income. The calculator automatically includes commissions.
Related guides
Ready to file PIT-38 from Fidelity Investments?
Use our calculator to automatically compute your tax. Just import the file from Fidelity Investments - the system will automatically apply FIFO, convert currencies and generate a summary ready to transcribe to PIT-38.