Instructions For Form 1099-B - 2018 (Page 7 of 11) in pdf

Procedures) number of the security or other applicable

Abbreviate the class to fit the entry. For example, enter

identifying number.

“C” for common stock, “P” for preferred, or “O” for other.

Also abbreviate any subclasses. For a non-Section 1256

option or securities futures contract, enter the name of the

Account Number

underlier and the number of shares or units covered by

The account number is required if you have multiple

the contract.

accounts for a recipient for whom you are filing more than

one Form 1099-B. The account number is also required if

For bartering transactions, describe the service or

you check the "FATCA filing requirement" box. See

property provided.

FATCA Filing Requirement Check Box

below.

Additionally, the IRS encourages you to designate an

For regulated futures contracts and forward contracts,

account number for all Forms 1099-B that you file. See

enter “RFC” or other appropriate description.

part L in the 2018 General Instructions for Certain

For Section 1256 option contracts, enter “Section 1256

Information Returns.

option” or other appropriate description.

FATCA Filing Requirement Check Box

See

Acquisition of control or substantial change in

Check the box if you are an FFI reporting payments to a

capital

structure, earlier, for the information to enter in

U.S. account pursuant to an election described in

box 1a for that type of transaction.

Regulations section 1.1471-4(d)(5)(i)(A). In addition,

check the box if you are a U.S. payer that is reporting on

Box 1b. Date Acquired

Form 1099-B as part of satisfying your requirement to

Enter the acquisition date of any securities sold. Leave

report with respect to a U.S. account for chapter 4

this box blank if:

purposes as described in Regulations section 1.1471-4(d)

The securities sold were acquired on a variety of dates,

(2)(iii)(A).

You check box 5 and do not choose to complete

Applicable Check Box on Form 8949

box 1b.

Use this box to enter a one-letter code that will assist the

recipient in reporting the transaction on Form 8949 and/or

For short sales, see

Short sales of

securities, earlier.

Schedule D. Use the code below that applies to how the

recipient will report the transaction.

Box 1c. Date Sold or Disposed

Code A. This code indicates a short-term transaction

For broker transactions, enter the trade date of the sale or

for which the cost or other basis is being reported to the

exchange. For short sales, see

Short sales of

securities,

IRS. Use this code to report a transaction that the

earlier. For barter exchanges, enter the date that cash,

recipient will report on Schedule D, line 1a, or on Form

property, a credit, or scrip is actually or constructively

8949 with box A checked with totals being carried to

received.

Schedule D, line 1b.

Code B. This code indicates a short-term transaction

Box 1d. Proceeds

for which the cost or other basis is not being reported to

Enter the gross cash proceeds from all dispositions

the IRS. Use this code to report a transaction that the

(including short sales) of securities, commodities, options,

recipient will report on Form 8949 with box B checked with

securities futures contracts, or forward contracts. Show a

totals being carried to Schedule D, line 2.

loss, such as one from a closing transaction on a written

Code D. This code indicates a long-term transaction for

option or forward contract, as a negative amount by

which the cost or other basis is being reported to the IRS.

enclosing it in parentheses.

Use this code to report a transaction that the recipient will

report on Schedule D, line 8a, or on Form 8949 with box D

You must reduce the proceeds by commissions and

checked with totals being carried to Schedule D, line 8b.

transfer taxes related to the sale. For securities sold

Code E. This code indicates a long-term transaction for

because of the exercise of an option granted or acquired

which the cost or other basis is not being reported to the

before 2014, you may, but are not required to, take into

IRS. Use this code to report a transaction that the

account option premiums in determining gross proceeds if

recipient will report on Form 8949 with box E checked with

that is consistent with your books. For securities sold

totals being carried to Schedule D, line 9.

because of the exercise of an option granted after 2013 or

Code X. Use this code to report a transaction if you

for the treatment of an option granted or acquired after

cannot determine whether the recipient should check box

2013, see Regulations section 1.6045-1(m) for details.

B or box E on Form 8949 because the holding period is

unknown.

If you reduce gross proceeds by option premiums,

check the second box in box 6. Otherwise, check the first

Box 1a. Description of Property

box.

For stock and debt instruments, enter the issuer's name

Do not include amounts shown in boxes 8 through 11.

and the number of shares or units you held that were

exchanged. For stock, also enter the class or classes of

If identical stock is sold at separate times on the same

stock (for example, preferred, common, etc.) that were

calendar day by a single trade order and a single

exchanged, whether for cash or other property.

confirmation is given that reports to the customer an

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Instructions for Form 1099-B (2018)

Instructions For Form 1099-B - 2018 Page 7

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