Proceeds from Broker and Barter Exchange Transactions

Per the IRS, a broker or barter exchange must file this form for each person:

  • For whom it sold stocks, commodities, regulated futures contracts, foreign currency contracts, 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; or
  • Who exchanged property or services through a barter exchange.

View More About Form 1099-B on IRS.gov

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