HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Taxes » 1099-B Form

1099-B Form

Definition
Proceeds from Broker and Barter Exchange Transactions. This form is used for summarizing the proceeds of all stock transactions. It is sent to an individual taxpayer from a broker. When a stock is sold, the accompanying gain or loss must be reported to the IRS when the taxpayer files their annual tax return. This form should be provided to the taxpayer by the broker by January 31.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.