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

Form 1099-B - Proceeds From Broker And Barter Exchange Transactions - 2016 Page 9

Instructions for Payer

generates a file according to the specifications in Pub.

To complete Form 1099-B, use:

1220, Specifications for Electronic Filing of Forms 1097,

• the 2016 General Instructions for Certain

1098, 1099, 3921, 3922, 5498, and W-2G. The IRS does

Information Returns, and

not provide a fill-in form option.

• the 2016 Instructions for Form 1099-B.

Foreign recipient. If the recipient of the proceeds is a

nonresident alien, you may have to withhold federal

To order these instructions and additional forms, go

income tax and file Form 1042-S, Foreign Person’s U.S.

Source Income Subject to Withholding. See the

Caution: Because paper forms are scanned during

Instructions for Form 1042-S and Pub. 515, Withholding

processing, you cannot file with the IRS Forms 1096,

of Tax on Nonresident Aliens and Foreign Entities.

1097, 1098, 1099, 3921, 3922, or 5498 that you print

Need help? If you have questions about reporting on

from the IRS website.

Form 1099-B, call the information reporting customer

Due dates. Furnish Copy B of this form to the recipient

service site toll free at 1-866-455-7438 or 304-263-8700

by February 15, 2017.

(not toll free). Persons with a hearing or speech

File Copy A of this form with the IRS by February 28,

disability with access to TTY/TDD equipment can call

2017. If you file electronically, the due date is March 31,

304-579-4827 (not toll free).

2017. To file electronically, you must have software that

Form 1099-B - Proceeds From Broker And Barter Exchange Transactions - 2016 Page 9