Get Answers Support Tax Filings & Payments 1099 Other 1099s What is Form 1099-B? Last modified 3/29/2023 6:12:44 AM EST The IRS Form 1099-B is used by a broker or financial institution to report the gross proceeds from the sale or exchange of these securities, as well as the cost basis of the securities and any adjustments made for wash sales. The form includes information such as the taxpayer's name, address, and Social Security number, as well as the type of security sold or exchanged, the date of the sale or exchange, the proceeds from the sale or exchange, and the cost basis of the security. To learn more about Form 1099-B, click here. Was this helpful? Yes No Related Questions When is the deadline to file Form 1099-B? When will I receive Form 1099-B filing penalties? Go to Home Page Need more help? Get in touch with our dedicated support team Contact Us (704) 684-4751 support@taxbandits.com Sign Up for a FREE TaxBandits Account! The Smart CPA Choice Register Now Already have an account? Sign in