How is market discount reported for tax purposes?

eDelivery is available for most tax forms, including 1099-B, 1099-DIV, 1099-INT, 1099-MISC, 1099-OID, 1099-R, 1099-Q, 5498 and 5498-ESA. Log in to view your ... You must file and furnish Form 1099-DIV, 1099-INT, 1099-MISC, 1099-OID or 1099-B, as applicable, with the IRS, for each of the other owners to show their ... Apr 1, 2016 ... The failure to report it in the Form 1099-B cost basis results in double-counting the income unless an adjustment is entered on Form 8949. Feb 14, 2020 ... Form 1099-B was designed for capital assets. This form shows proceeds from each transaction, as well as cost basis when available. Feb 26, 2021 ... Codes A and B are for short-term transactions where A had basis reported to the IRS and B did not. Codes D and E have a similar function except ... Apr 14, 2025 ... The statement you get from your brokerage company will likely be a composite or consolidated statement and will have several 1099 forms listed, ... Crypto.com may be required to issue to you a Form 1099-B if you are a U.S. person who traded contracts during the tax year. It is your responsibility to ... Nov 21, 2024 ... When you receive your Form 1099-DIV, the dividend income may appear in two locations on the form, and it may look like it's being double ... Jan 31, 2025 ... (including any capital gains) and nondividend distributions. (including return of capital). Form 1099-B. WHO RECEIVES IT: Shareholders who sold ... Mar 1, 2025 ... ... (PDF) under the title "Current Revision" on this page? https://www.irs.gov/forms-pubs/about-schedule-b-form-1040. Upvote 0. Downvote Reply reply