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Definition of 'Form 1099-B'
A form issued by a broker or barter exchange that summarizes the proceeds of all stock transactions. The sale of a stock will be accompanied by a gain or loss, which must be reported to the IRS when you file your taxes. Specifically, figures from form 1099-B are used on IRS Form 1040, Schedule D.
Brokers are required to provide you form 1099-B by January 31.
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Investopedia explains 'Form 1099-B'
For example, let's assume you sold several stocks within the last year and the proceeds of the transactions equal a capital gain of $10,000. The amount gained from the sale of the stocks will be issued in form 1099-B by your broker and this amount must be included when you file your income taxes.
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Search results for 'Form 1099-B'
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http://www.investopedia.com/articles/tax/09/owe-nothing-federal-tax-return.asp
... goods or services instead of money is officially known as reciprocal trade, and
it is regulated: when you barter for business, you receive Form 1099-B and a ...
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http://www.investopedia.com/articles/taxes/09/last-minute-tax-tips.asp
... Typically, your employer will provide the form to you. ... 1099-DIV (for dividend income
earned); 1099-B (for sale proceeds from bonds, stocks or mutual fund shares ...
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http://financialedge.investopedia.com/financial-edge/0809/Bartering-Through-A-Cash-Crisis.aspx
... It is the oldest form of commerce, dating to before hard currency even existed ... they
also handle the tax aspects of bartering, such as issuing 1099-B forms to ...
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