Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...

1099-B. Form 1099-B documents income from the sale of securities at a brokerage or barter exchange. If you sold stock last year, the gain or loss will be reported on a 1099-B.

Form 1099-B, meanwhile, depicts any capital gains or losses realized in taxable accounts. Some firms amalgamate all of this information into a single consolidated 1099.

Further, you typically report information you receive on a 1099-B — which reports capital gains from sales of stocks, mutual funds or ETFs — on Schedule D, Capital Gains and Losses.

IRS Form 1099 is informational. This means that taxes may not be due, but you should report the information (however small) anyway. Not only does this make your return more accurate, you can ...

1099-B: Reports capital gains or losses generated throughout the year ; Unlike retirement accounts that are tax-deferred, dividends, ...

Form 1099-B, the existing broker reporting form, was initially used for the reporting requirement. Questions arose, however, as to who is a broker in the digital assets context and whether the ...

Furnishing and filing Forms 1099 is an important task, and the IRS demonstrates this by penalizing the party responsible for filing the information returns for a variety of failures.

Businesses must meet the February 18, 2025 deadline to furnish recipient copies of Forms 1099-B, 1099-S, and 1099-MISC (Boxes 8 and 10) ...