Form 1099-B - Proceeds From Broker And Barter Exchange Transactions

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 identification number. For your protection, this form

Box 1d. Shows the cash proceeds, reduced by any commissions or

may show only the last four digits of your social security number

transfer taxes related to the sale, for transactions involving stocks,

(SSN), individual taxpayer identification number (ITIN), adoption

debt, commodities, forward contracts, non-Section 1256 option

taxpayer identification number (ATIN), or employer identification

contracts, or securities futures contracts. May show the proceeds

number (EIN). However, the issuer has reported your complete

from the disposition of your interest(s) in a widely held fixed

identification number to the IRS.

investment trust. May also show the aggregate amount of cash and

Account number. May show an account or other unique number the

the fair market value of any stock or other property received in a

payer assigned to distinguish your account.

reportable change in control or capital structure arising from the

corporate transfer of property to a foreign corporation. Losses on

CUSIP number. Shows the CUSIP (Committee on Uniform Security

forward contracts or non-Section 1256 option contracts are shown in

Identification Procedures) number or other applicable identifying

parentheses. This box does not include proceeds from regulated

number.

futures contracts or Section 1256 option contracts. Report this

FATCA filing requirement. If the FATCA filing requirement box is

amount on Form 8949 or on Schedule D (whichever is applicable) as

checked, the payer is reporting on this Form 1099 to satisfy its

explained in the Instructions for Schedule D.

chapter 4 account reporting requirement. You also may have a filing

Box 1e. Shows the cost or other basis of securities sold. If the

requirement. See the Instructions for Form 8938.

securities were acquired through the exercise of a non-compensatory

Applicable check box on Form 8949. Indicates where to report this

option granted or acquired on or after January 1, 2014, the basis has

transaction on Form 8949 and Schedule D, and which check box is

been adjusted to reflect your option premium. If the securities were

applicable. See the instructions for your Schedule D and/or Form

acquired through the exercise of a non-compensatory option granted

8949.

or acquired before January 1, 2014, your broker is permitted, but not

Box 1a. Shows a brief description of the item or service for which

required, to adjust the basis to reflect your option premium. If the

amounts are being reported. For regulated futures contracts and

securities were acquired through the exercise of a compensatory

forward contracts, “RFC” or other appropriate description may be

option, the basis has not been adjusted to include any amount related

shown. For Section 1256 option contracts, “Section 1256 option” or

to the option that was reported to you on a Form W-2. If box 5 is

other appropriate description may be shown. For a corporation that

checked, box 1e may be blank. See the Instructions for Form 8949,

had a reportable change in control or capital structure, this box may

Instructions for Schedule D, or Pub. 550 for details.

show the class of stock as C (common), P (preferred), or O (other).

(Instructions continued on the back of Copy 2.)

Form 1099-B - Proceeds From Broker And Barter Exchange Transactions - 2016 Page 5

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