Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income — Capital Gain or Loss

Proceeds from the Sale

Form 1099-B

Brokers report information about the sale of stock shares, including sales price, on Form 1099-B. If taxpayers have any Forms 1099-B with entries in boxes 8 through 13, refer them to a professional tax preparer. These boxes provide information about transactions that are out of scope for the VITA/TCE programs.

Form 1099-B includes boxes 1a through 1g, and 2 through 7 to report sales of securities.

Form 1099-B with boxes 8-13 highlighted as out of scope.
Form 1099-B

Form 1099-B