Things You'll Need:
- Official IRS Form 1099-B Details of the relevant transaction Contact information of the payer IRS contact information
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Step 1
Gather all the relevant data. You will need to file a separate form 1099-B for each transaction that occurred during the tax year, so the first step is to gather all of the relevant information for each transaction.
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Step 2
Get an official copy of the Form 1099-B. The link below will take you to an online .pdf version of Form 1099-B, but this version is not an official form, so you cannot print it and file it. Instead, you must contact the IRS at 1-800-TAX-FORM, or use the link below to request an official Form 1099-B.
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Step 3
Fill out the Form 1099-B. This will feel like unnecessary copying and busy work, but you must be sure to be accurate and complete. The IRS relies on you providing correct information, as does the payer.
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Step 4
Send a copy to the recipient. The IRS imposes a deadline for this action, which for 2009 is February 16, 2010, though the deadline can change annually, so check the IRS Website or call the IRS for accurate information on the deadline.
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Step 5
File a copy with the IRS. Your location determines what IRS office you should file with. If you are not certain which IRS address to use, you should contact the IRS at 1-800-TAX-FORM or find the correct contact information online, using the link provided below. Again, the deadline for filing can change annually, so check with the IRS for the current filing deadline.
