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2015 Instructions for Form 1099-B Department of the Treasury Internal Revenue Service Proceeds From Broker and Barter Exchange Transactions Brokers Section references are to the Internal Revenue Code
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The instructions for form 1099-B provide guidance on how to report transactions involving the sale or exchange of securities such as stocks, bonds, and mutual funds.
Brokers or other persons who are engaged in a trade or business and receive payments for securities transactions must file instructions for form 1099-B.
To fill out instructions for form 1099-B, you need to report details of each securities transaction, including the type of security, date of acquisition or sale, cost basis, proceeds, and any gain or loss.
The purpose of instructions for form 1099-B is to ensure accurate reporting of securities transactions to the Internal Revenue Service (IRS) and to taxpayers.
The instructions for form 1099-B require reporting of information such as the taxpayer's name, address, taxpayer identification number, details of each securities transaction, and any necessary adjustments.
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