Form 1099-B - Proceeds From Broker And Barter Exchange Transactions - 2018 Page 7
Download a blank fillable Form 1099-B - Proceeds From Broker And Barter Exchange Transactions - 2018 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 1099-B - Proceeds From Broker And Barter Exchange Transactions - 2018 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9Instructions for Recipient (Continued)
Box 1f. Shows the amount of accrued market discount. For details on
Box 6. If the exercise of a noncompensatory option resulted in a sale
market discount, see Schedule D (Form 1040) instructions,
of a security, indicates whether the amount in box 1d was adjusted for
Instructions for Form 8949, and Pub. 550. If box 5 is checked, box 1f
option premium.
may be blank.
Box 7. If checked, you cannot take a loss on your tax return based on
Box 1g. Shows the amount of nondeductible loss in a wash sale
gross proceeds from a reportable change in control or capital
transaction. For details on wash sales, see Schedule D (Form 1040)
structure reported in box 1d. See the Form 8949 and Schedule D
instructions, Instructions for Form 8949, and Pub. 550. If box 5 is
instructions. The broker should advise you of any losses on a separate
checked, box 1g may be blank.
statement.
Box 2. The short-term and long-term boxes pertain to short-term gain
Regulated Futures Contracts, Foreign Currency Contracts, and
or loss and long-term gain or loss. If the Ordinary box is checked, your
Section 1256 Option Contracts (Boxes 8 Through 11)
security may be subject to special rules. For example, gain on a
Box 8. Shows the profit or (loss) realized on regulated futures, foreign
contingent payment debt instrument subject to the noncontingent
currency, or Section 1256 option contracts closed during 2018.
bond method generally is treated as ordinary interest income rather
Box 9. Shows any year-end adjustment to the profit or (loss) shown in
than as capital gain. Please see the Instructions for Form 8949,
Pub. 550, or Pub. 1212 for more details on whether there are any
box 8 due to open contracts on December 31, 2017.
special rules or adjustments that might apply to your security. If box 5
Box 10. Shows the unrealized profit or (loss) on open contracts held in
is checked, box 2 may be blank.
your account on December 31, 2018. These are considered closed
Box 3. If checked, the basis in box 1e has been reported to the IRS
out as of that date. This will become an adjustment reported as
and either the short-term or the long-term gain or loss box in box 2
unrealized profit or (loss) on open contracts—12/31/2018 in 2019.
will be checked. If box 3 is checked on Form(s) 1099-B and NO
Box 11. Boxes 8, 9, and 10 are all used to figure the aggregate profit
adjustment is required, see the instructions for your Schedule D as
or (loss) on regulated futures, foreign currency, or Section 1256 option
you may be able to report your transaction directly on Schedule D. If
contracts for the year. Include this amount on your 2018 Form 6781.
the Ordinary box in box 2 is checked, an adjustment may be required.
Box 12. If checked, proceeds are from a transaction involving
Box 4. Shows backup withholding. Generally, a payer must backup
collectibles.
withhold if you did not furnish your taxpayer identification number to
Box 13. Shows the cash you received, the fair market value of any
the payer. See Form W-9 for information on backup withholding.
property or services you received, and the fair market value of any
Include this amount on your income tax return as tax withheld.
trade credits or scrip credited to your account by a barter exchange.
Box 5. If checked, the securities sold were noncovered securities and
See Pub. 525.
boxes 1b, 1e, 1f, 1g, and 2 may be blank. Generally, a noncovered
Boxes 14–16. Shows state(s)/local income tax information.
security means: stock purchased before 2011, stock in most mutual
funds purchased before 2012, stock purchased in or transferred to a
Future developments. For the latest information about any
dividend reinvestment plan before 2012, debt acquired before 2014,
developments related to Form 1099-B and its instructions, such as
options granted or acquired before 2014, and securities futures
legislation enacted after they were published, go to
contracts entered into before 2014.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial