IRS Form 1099-B "Proceeds From Broker and Barter Exchange Transactions"

What Is IRS Form 1099-B?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. Check the official IRS-issued instructions before completing and submitting the form.

Form Details:

  • A 9-page form available for download in PDF;
  • Actual and valid for filing 2020 taxes;
  • Editable, printable, and free;
  • Fill out the form in our online filing application.

Download a fillable version of IRS Form 1099-B through the link below or browse more documents in our library of IRS Forms.

ADVERTISEMENT
ADVERTISEMENT

Download IRS Form 1099-B "Proceeds From Broker and Barter Exchange Transactions"

Download PDF

Fill PDF online

Rate (4.4 / 5) 246 votes
Attention:
Copy A of this form is provided for informational purposes only. Copy A appears in red,
similar to the official IRS form. The official printed version of Copy A of this IRS form is
scannable, but the online version of it, printed from this website, is not. Do not print and file
copy A downloaded from this website; a penalty may be imposed for filing with the IRS
information return forms that can’t be scanned. See part O in the current General
Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more
information about penalties.
Please note that Copy B and other copies of this form, which appear in black, may be
downloaded and printed and used to satisfy the requirement to provide the information to
the recipient.
To order official IRS information returns, which include a scannable Copy A for filing with
the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on
Employer and Information
Returns, and we’ll mail you the forms you request and their
instructions, as well as any publications you may order.
Information returns may also be filed electronically using the IRS Filing Information Returns
Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act
Information Returns (AIR) program (visit www.IRS.gov/AIR).
See IRS Publications 1141, 1167, and 1179 for more information about printing these tax
forms.
Attention:
Copy A of this form is provided for informational purposes only. Copy A appears in red,
similar to the official IRS form. The official printed version of Copy A of this IRS form is
scannable, but the online version of it, printed from this website, is not. Do not print and file
copy A downloaded from this website; a penalty may be imposed for filing with the IRS
information return forms that can’t be scanned. See part O in the current General
Instructions for Certain Information Returns, available at www.irs.gov/form1099, for more
information about penalties.
Please note that Copy B and other copies of this form, which appear in black, may be
downloaded and printed and used to satisfy the requirement to provide the information to
the recipient.
To order official IRS information returns, which include a scannable Copy A for filing with
the IRS and all other applicable copies of the form, visit www.IRS.gov/orderforms. Click on
Employer and Information
Returns, and we’ll mail you the forms you request and their
instructions, as well as any publications you may order.
Information returns may also be filed electronically using the IRS Filing Information Returns
Electronically (FIRE) system (visit www.IRS.gov/FIRE) or the IRS Affordable Care Act
Information Returns (AIR) program (visit www.IRS.gov/AIR).
See IRS Publications 1141, 1167, and 1179 for more information about printing these tax
forms.
VOID
CORRECTED
7979
PAYER’S name, street address, city or town, state or province, country, ZIP
Applicable checkbox on Form 8949
OMB No. 1545-0715
Proceeds From
or foreign postal code, and telephone no.
2020
Broker and
Barter Exchange
Transactions
1099-B
Form
1a Description of property (Example: 100 sh. XYZ Co.)
1b Date acquired
1c Date sold or disposed
Copy A
PAYER’S TIN
RECIPIENT’S TIN
1d Proceeds
1e Cost or other basis
$
$
1f Accrued market discount
1g Wash sale loss disallowed
For
$
$
Internal Revenue
Service Center
RECIPIENT’S name
2 Short-term gain or loss
3 Check if proceeds from:
File with Form 1096.
Long-term gain or loss
Collectibles
Ordinary
QOF
Street address (including apt. no.)
4 Federal income tax withheld
5 Check if noncovered
security
$
6 Reported to IRS:
7 Check if loss is not allowed
For Privacy Act
based on amount in 1d
and Paperwork
City or town, state or province, country, and ZIP or foreign postal code
Gross proceeds
Reduction Act
Net proceeds
Notice, see the
8 Profit or (loss) realized in
9 Unrealized profit or (loss) on
2020 General
2020 on closed contracts
open contracts—12/31/2019
Account number (see instructions)
2nd TIN not.
Instructions for
$
$
Certain
Information
CUSIP number
FATCA filing
10 Unrealized profit or (loss) on
11 Aggregate profit or (loss)
requirement
open contracts—12/31/2020
on contracts
Returns.
$
$
14 State name
15 State identification no. 16 State tax withheld
$
12 Check if basis reported to
13 Bartering
IRS
$
$
1099-B
Form
Cat. No. 14411V
www.irs.gov/Form1099B
Department of the Treasury - Internal Revenue Service
Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page
VOID
CORRECTED
PAYER’S name, street address, city or town, state or province, country, ZIP
Applicable checkbox on Form 8949
OMB No. 1545-0715
Proceeds From
or foreign postal code, and telephone no.
2020
Broker and
Barter Exchange
Transactions
1099-B
Form
1a Description of property (Example: 100 sh. XYZ Co.)
1b Date acquired
1c Date sold or disposed
Copy 1
PAYER’S TIN
RECIPIENT’S TIN
1d Proceeds
1e Cost or other basis
$
$
For State Tax
Department
1f Accrued market discount
1g Wash sale loss disallowed
$
$
RECIPIENT’S name
2 Short-term gain or loss
3 If checked, proceeds from:
Long-term gain or loss
Collectibles
Ordinary
QOF
Street address (including apt. no.)
4 Federal income tax withheld
5 If checked, noncovered
security
$
6 Reported to IRS:
7 If checked, loss is not allowed
based on amount in 1d
City or town, state or province, country, and ZIP or foreign postal code
Gross proceeds
Net proceeds
8 Profit or (loss) realized in
9 Unrealized profit or (loss) on
2020 on closed contracts
open contracts—12/31/2019
Account number (see instructions)
$
$
CUSIP number
FATCA filing
10 Unrealized profit or (loss) on
11 Aggregate profit or (loss)
requirement
open contracts—12/31/2020
on contracts
$
$
14 State name
15 State identification no. 16 State tax withheld
$
12 If checked, basis reported
13 Bartering
to IRS
$
$
1099-B
Form
www.irs.gov/Form1099B
Department of the Treasury - Internal Revenue Service
CORRECTED (if checked)
PAYER’S name, street address, city or town, state or province, country, ZIP
Applicable checkbox on Form 8949
OMB No. 1545-0715
Proceeds From
or foreign postal code, and telephone no.
2020
Broker and
Barter Exchange
Transactions
1099-B
Form
1a Description of property (Example: 100 sh. XYZ Co.)
1b Date acquired
1c Date sold or disposed
Copy B
PAYER’S TIN
RECIPIENT’S TIN
1d Proceeds
1e Cost or other basis
$
$
For Recipient
1f Accrued market discount
1g Wash sale loss disallowed
$
$
RECIPIENT’S name
2 Short-term gain or loss
3 If checked, proceeds from:
Long-term gain or loss
Collectibles
Ordinary
QOF
This is important tax
Street address (including apt. no.)
4 Federal income tax withheld
5 If checked, noncovered
information and is
security
being furnished to
$
the IRS. If you are
6 Reported to IRS:
7 If checked, loss is not allowed
required to file a
based on amount in 1d
City or town, state or province, country, and ZIP or foreign postal code
Gross proceeds
return, a negligence
penalty or other
Net proceeds
sanction may be
8 Profit or (loss) realized in
9 Unrealized profit or (loss) on
imposed on you if
2020 on closed contracts
open contracts—12/31/2019
Account number (see instructions)
this income is
$
$
taxable and the IRS
determines that it
CUSIP number
FATCA filing
10 Unrealized profit or (loss) on
11 Aggregate profit or (loss)
requirement
open contracts—12/31/2020
on contracts
has not been
reported.
$
$
14 State name
15 State identification no. 16 State tax withheld
$
12 If checked, basis reported
13 Bartering
to IRS
$
$
1099-B
(Keep for your records)
Form
www.irs.gov/Form1099B
Department of the Treasury - Internal Revenue Service
Instructions for Recipient
Brokers and barter exchanges must report proceeds from (and in some
Box 1b. This box may be blank if box 5 is checked or if the securities
cases, basis for) transactions to you and the IRS on Form 1099-B.
sold were acquired on a variety of dates. For short sales, the date
Reporting is also required when your broker knows or has reason to
shown is the date you acquired the security delivered to close the
know that a corporation in which you own stock has had a reportable
short sale.
change in control or capital structure. You may be required to
Box 1c. Shows the trade date of the sale or exchange. For short
recognize gain from the receipt of cash, stock, or other property that
sales, the date shown is the date the security was delivered to close
was exchanged for the corporation’s stock. If your broker reported this
the short sale. For aggregate reporting in boxes 8 through 11, no entry
type of transaction to you, the corporation is identified in box 1a.
will be present.
Recipient’s taxpayer identification number (TIN). For your
Box 1d. Shows the cash proceeds, reduced by any commissions or
protection, this form may show only the last four digits of your TIN
transfer taxes related to the sale, for transactions involving stocks,
(social security number (SSN), individual taxpayer identification
debt, commodities, forward contracts, non-Section 1256 option
number (ITIN), adoption taxpayer identification number (ATIN), or
contracts, or securities futures contracts. May show the proceeds from
employer identification number (EIN)). However, the issuer has
the disposition of your interest(s) in a widely held fixed investment
reported your complete TIN to the IRS.
trust. May also show the aggregate amount of cash and the fair market
Account number. May show an account or other unique number the
value of any stock or other property received in a reportable change in
payer assigned to distinguish your account.
control or capital structure arising from the corporate transfer of
property to a foreign corporation. Losses on forward contracts or non-
CUSIP number. Shows the CUSIP (Committee on Uniform Security
Section 1256 option contracts are shown in parentheses. This box
Identification Procedures) number or other applicable identifying
does not include proceeds from regulated futures contracts or Section
number.
1256 option contracts. Report this amount on Form 8949 or on
FATCA filing requirement. If the FATCA filing requirement box is
Schedule D (Form 1040 or 1040-SR) (whichever is applicable) as
checked, the payer is reporting on this Form 1099 to satisfy its
explained in the Instructions for Schedule D (Form 1040 or 1040-SR).
chapter 4 account reporting requirement. You may also have a filing
Box 1e. Shows the cost or other basis of securities sold. If the securities
requirement. See the Instructions for Form 8938.
were acquired through the exercise of a noncompensatory option
Applicable checkbox on Form 8949. Indicates where to report this
granted or acquired on or after January 1, 2014, the basis has been
transaction on Form 8949 and Schedule D (Form 1040 or 1040-SR),
adjusted to reflect your option premium. If the securities were acquired
and which checkbox is applicable. See the instructions for your
through the exercise of a noncompensatory option granted or acquired
Schedule D (Form 1040 or 1040-SR) and/or Form 8949.
before January 1, 2014, your broker is permitted, but not required, to
Box 1a. Shows a brief description of the item or service for which
adjust the basis to reflect your option premium. If the securities were
amounts are being reported. For regulated futures contracts and
acquired through the exercise of a compensatory option, the basis has
forward contracts, “RFC” or other appropriate description may be
not been adjusted to include any amount related to the option that was
shown. For Section 1256 option contracts, “Section 1256 option” or
reported to you on a Form W-2. If box 5 is checked, box 1e may be
other appropriate description may be shown. For a corporation that
blank. See the Instructions for Form 8949, the Instructions for Schedule
had a reportable change in control or capital structure, this box may
D (Form 1040 or 1040-SR), or Pub. 550 for details.
show the class of stock as C (common), P (preferred), or O (other).
(Continued on the back of Copy 2.)