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1099-B

Form 1099-B is used to report proceeds from broker and barter exchange transactions. See the official IRS instructions.

Who Needs to File?

A broker or barter exchange must file Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for each person:

  • For whom the broker has sold (including short sales) stocks, commodities, regulated futures contracts, foreign currency contracts (pursuant to a forward contract or regulated futures contract), forward contracts, debt instruments, options, securities futures contracts, etc., for cash.
  • Who received cash, stock, or other property from a corporation that the broker knows or has reason to know has had its stock acquired in an acquisition of control or had a substantial change in capital structure reportable on Form 8806.
  • Who exchanged property or services through a barter exchange.
View Filing Deadlines

What to Report?

Sales or redemptions of securities, futures transactions, commodities, and barter exchange transactions. All amounts must be reported.

Why File?

The IRS requires that all income and deductible expenses are reported by businesses and individuals or penalties could apply.

Supported 1099 Forms

We've made it easy to file your 1099 forms. Simply create a Yearli account, enter or import your data, review your data and checkout. It's that easy. Yearli will file your forms to the IRS, applicable state agency and send copies to your recipients.

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