| Countries | Languages |
|---|---|
| USA | English |
Basic Form Information
| Field | Description |
|---|---|
| Year | The reporting fiscal year. |
| Account | The unique number used by the taxpayer to identify the payment recipient. |
| Corrected | Specifies that the processed form is being submitted to correct data provided earlier. |
| Statement Date | The statement date. |
| Document ID | The identifier that is assigned to each Form 1099 that is issued by the payer to the recipient. |
Taxpayer Details
| Field | Description |
|---|---|
| Name | The taxpayer’s name. |
| Street Address | The taxpayer’s address. |
| City | The taxpayer’s address. |
| State | The taxpayer’s address. |
| ZIP Code | The taxpayer’s address. |
| Country | The taxpayer’s address. |
| Phone | The taxpayer’s phone. |
| TIN | The taxpayer’s TIN. |
Recipient Details
| Field | Description |
|---|---|
| Name | The recipient’s name. |
| Street Address | The recipient’s address. |
| City | The recipient’s address. |
| State | The recipient’s address. |
| ZIP Code | The recipient’s address. |
| Country | The recipient’s address. |
| TIN | The recipient’s TIN. |
FATCA Compliance
| Field | Description |
|---|---|
| FATCA Filing Requirement | Specifies that the Foreign Account Tax Compliance Act (FATCA) filing requirement is satisfied. |
Dividends and Distributions (1099-DIV)
| Field | Description |
|---|---|
| Total Ordinary Dividends | The total amount of ordinary dividends (taxed as ordinary income). |
| Qualified Dividends | The amount of ordinary dividends (box 1a Total Ordinary Dividends) that meets the criteria for being taxed at a lower tax rate. |
| Total Capital Gain Distributions | The total amount paid out as capital gain distribution. |
| Unrecaptured Section 1250 Gain | The amount of capital gains (box 2a Total Capital Gain Distribution) received from the sale of depreciated real property and taxed in accordance with Section 1250 of the Unites States Internal Revenue Code. |
| Section 1202 Gain | The amount of capital gains (box 2a Total Capital Gain Distribution) received from the sale of small business corporation stock qualifying for exclusion under section 1202 of the United States Internal Revenue Code. |
| Collectibles (28%) Gain | A tax on certain types of gains from the sale of collectibles. |
| Section 897 Ordinary Dividends | The amount of ordinary dividends (box 1a Total Ordinary Dividends) received from the disposition of United States real property interest (USRPI) in accordance with section 897 of the United States Internal Revenue Code. |
| Section 897 Capital Gain | The amount of capital gains (box 2a Total Capital Gain Distribution) received from the disposition of United States real property interest (USRPI) in accordance with section 897 of the United States Internal Revenue Code. |
| Nondividend Distributions | Payments that were not paid out as either dividends or capital gains distribution. |
| Federal Income Tax Withheld | The total amount withheld as federal income tax. |
| Section 199A Dividends | The amount of ordinary dividends (box 1a Total Ordinary Dividends) either paid out by a real estate investment trust (REIT) and taxed at a lower rate, or by a regulated investment company (RIC) in accordance with section 199A of the United States Internal Revenue Code. |
| Investment Expenses | The share of non-taxable expenses incurred by a regulated investment company (RIC), proportional to the payment share of the recipient. |
| Foreign Tax Paid | The amount of taxes withheld in other countries on dividends and other payments (specified in USD). |
| Foreign Country or US Possession | The name of the foreign country or United States Territory where the taxed amount specified in box 7 Foreign Tax Paid was withheld. |
| Cash Liquidation Distributions | The amount paid out as part of a partial or full company liquidation. |
| Noncash Liquidation Distributions | Non-cash assets transferred as part of a partial or full company liquidation (specified as the market value of the assets at the time of their distribution). |
| Exempt-interest Dividends | Dividends received from mutual funds and/or another regulated investment company (RIC). These dividends are exempt from federal taxes. |
| Specified Private Activity Bond Interest Dividends | Dividends received from mutual funds and/or another regulated investment company (RIC). These dividends are exempt from federal taxes. |
State Information (1099-DIV)
| Field | Description |
|---|---|
| State | State-specific payment information. |
| State Identification Number | State-specific payment information. |
| State Tax Withheld | State-specific payment information. |
Miscellaneous Income (1099-MISC)
| Field | Description |
|---|---|
| Rents | The total amount of rent that was paid during the tax year. |
| Royalties | The total amount of royalties that were paid during the tax year. |
| Other Income | Any miscellaneous income that does not fit into one of the other categories on the form. |
| Federal Income Tax Withheld | The amount of federal income tax that was withheld from payments made during the tax year. |
| Substitute Payments in Lieu of Dividends or Interest | The amount of substitute payments in lieu of dividends or interest. |
| State Tax Withheld | State-specific payment information. |
| State Income | State-specific payment information. |
Proceeds From Broker and Barter Exchange Transactions (1099-B)
| Field | Description |
|---|---|
| Proceeds | The total amount of money received from the sale or disposition of a security during the tax year. |
| Cost or Other Basis of Covered Securities | The adjusted basis of the security delivered to close the short sale |
| Accrued Market Discount | The amount of accrued market discount. |
| Wash Sale Loss Disallowed | The amount of wash sale loss disallowed. |
| Federal Income Tax Withheld | Backup withholding. |
| Profit or (Loss) Realized on Closed Contracts | The profit or (loss) realized by the customer on closed regulated futures, foreign currency, or Section 1256 option contracts in 2023. |
| Unrealized Profit or (Loss) on Open Contracts | The unrealized profit or (loss) on open regulated futures, foreign currency, or Section 1256 option contracts at the end of 2022. |
| Unrealized Profit or (Loss) on Open Contracts 2 | The unrealized profit or (loss) on open regulated futures, foreign currency, or Section 1256 option contracts at the end of 2023. |
| Aggregate Profit or (Loss) on Contracts | The aggregate profit or (loss) for the year from regulated futures, foreign currency, or Section 1256 option contracts. |
Interest Income (1099-INT)
| Field | Description |
|---|---|
| Interest Income | Specifies the taxable interest on the tax return. |
| Early Withdrawal Penalty | Represents any interest or principal forfeited because of early withdrawal of time savings. |
| Interest on US Savings Bonds and Treasury Obligations | Specifies interest on U.S. Savings Bonds, Treasury bills, Treasury bonds, and Treasury notes. This may or may not all be taxable. |
| Federal Income Tax Withheld | The total amount withheld as federal income tax. |
| Investment Expenses | The share of non-taxable expenses incurred by a regulated investment company (RIC), proportional to the payment share of the recipient. |
| Foreign Tax Paid | The amount of taxes withheld in other countries on dividends and other payments (specified in USD). |
| Foreign Country or US Possession | The name of the foreign country or United States Territory where the taxed amount specified in the Foreign Tax Paid field was withheld. |
| Tax-Exempt Interest (includes box 9) | The tax-exempt interest paid. |
| Specified Private Activity Bond Interest | Specifies tax-exempt interest subject to the alternative minimum tax. This amount is included in the Tax-exempt Interest field. |
| Market Discount | Specifies the market discount that accrued on the debt instrument during the year. |
| Bond Premium | The bond premium amount for the year for covered taxable securities. |
| Bond Premium on Treasury Obligations | The bond premium for the year for covered U.S. Treasury securities. |
| Bond Premium on Tax-Exempt Bonds | The bond premium for the year for covered non-taxable securities. |
| Tax-exempt and Tax Credit Bond CUSIP no | The CUSIP number of the tax-exempt bond for which tax-exempt interest is reported. |
State Information (1099-INT)
| Field | Description |
|---|---|
| State | State-specific payment information. |
| State Identification Number | State-specific payment information. |
| State Tax Withheld | State-specific payment information. |
Original Issue Discount (1099-OID)
| Field | Description |
|---|---|
| Original Issue Discount for the Year | The taxable OID on the obligation for the part of the year it was owned by the record holder. |
| Acquisition Premium (Covered Lots) | The amount of the acquisition premium that applies to the specific covered lots of bonds that you acquired during the tax year. |
| Acquisition Premium (Noncovered Lots) | The amount of the acquisition premium that applies to the specific non-covered lots of bonds that you acquired during the tax year. |
| Original Issue Discount on Treasury Obligations | The taxable OID on the obligation for the part of the year it was owned by the record holder. |
| Acquisition Premium Treasury Obligations (Covered Lots) | The acquisition premium paid for the specific covered lots of treasury obligations that you acquired during the tax year. |
| Acquisition Premium Treasury Obligations (Noncovered Lots) | The acquisition premium paid for the non-covered lots of Treasury obligations that you acquired before the date that the IRS required brokers to start reporting the acquisition premium for these types of securities. |
| Other Periodic Interest | Any amount of interest, other than OID, accrued to each REMIC or FASIT regular interest holder or paid to each CDO holder. |
| Federal Income Tax Withheld | Backup withholding. |
| Market Discount | The amount of market discount that accrued on the debt instrument during the tax year in the amount of $10 or more. |
| Acquisition Premium | The amount of premium amortization for the part of the year the debt instrument was owned by the holder. |
| Original Issue Discount on US Treasury Obligations | The OID on a U.S. Treasury obligation for the part of the year it was owned by the record holder. |
| Investment Expenses | The regular interest holder’s pro rata share of investment expenses. |
| Bond Premium | The amount of bond premium amortization allocable to the interest paid during the tax year |
| Tax-Exempt OID | The OID for the part of the year it was owned by the record holder. |
| Tax-Exempt OID (Lots Not Reported) | The tax-exempt OID income that was earned on the lots of the bond that were not reported to the broker by the investor. |
| Acquisition Premium (Covered) | The amount paid by the investor for the bond in excess of its face value. |
| Acquisition Premium (Lots Not Reported) | The acquisition premium paid for covered lots of the bond that were not reported to the broker by the investor. |
| Tax-Exempt OID on Private Activity Bonds | Interest of $10 or more from specified private activity bonds. |
| Tax-Exempt OID on Private Activity Bonds (Lots Not Reported) | The amount of tax-exempt original issue discount (OID) income that was earned on covered lots of the private activity bond that were not reported to the broker by the investor. |
| Acquisition Premium (AMT Covered) | The amount paid by the investor for the bond in excess of its face value, that is subject to the AMT calculation. |
| Acquisition Premium (AMT Lots Not Reported) | The amount paid by the investor for the bond in excess of its face value, that is subject to the AMT calculation, for the lots of the bond that were not reported to the broker. |
| Early Withdrawal Penalty | Interest or principal forfeited because of an early withdrawal of time deposits, such as an early withdrawal from a CD, that is deductible from gross income by the recipient. |
| REMIC | The REMIC for the year |
| State Tax Withheld | State withholding information related to the income. |
Reconciliations, Fees, Expenses and Expenditures
Other Receipts and Reconciliations
| Field | Description |
|---|---|
| Partnership Distributions | Any additional income or expenses that are not directly related to the partnership’s primary business operations, as well as any adjustments made to partnership distributions. |
| Foreign Tax Paid-Partnership | Any foreign tax payments made by the partnership during the reporting period. |
| Return of Principal | Any returns of principal made to investors or lenders during the reporting period. |
| Deferred Income Payment | Any income payments that are deferred to a future period. |
| Deemed Premium | Any deemed premium payments made or received during the reporting period. |
| Income Accrual- UIT | Any income that has been earned but not yet received during the reporting period. |
| Basis Adjustments | Any adjustments made to the cost or basis of assets or liabilities during the reporting period. |
| Foreign Tax Paid Beyond Treaty | Any foreign taxes paid by the entity that go beyond the tax treaty obligations between the foreign country and the entity’s home country. |
Fees and Expenses
| Field | Description |
|---|---|
| Margin Interest | The fees and expenses related to margin borrowing. |
| Dividends Paid on Short Position | The dividends paid on the short position, any fees associated with borrowing the securities, and any other expenses related to the management of the short position. |
| Interest Paid on Short Position | The interest paid on the borrowed securities, any fees associated with borrowing the securities, and any other expenses related to the management of the short position. |
| Non Reportable Distribution Expense | Any expenses associated with the distribution of these non-reportable distributions, such as administrative expenses, distribution fees, or other expenses related to the management of these distributions. |
| Other Expenses | Any expenses that do not fit into any of the other categories of fees and expenses. |
| Severance Tax | Any expenses associated with the calculation and payment of severance taxes, such as administrative expenses, legal fees, and any other expenses related to the management of these taxes. |
| Organizational Expense | Legal and accounting fees, incorporation fees, state filing fees, and other expenses related to the organizational process. |
| Miscellaneous Fees | Any fees and expenses that are not directly related to the entity’s core business operations or that do not fit into any of the other categories of fees and expenses. |
| Tax-Exempt Investment Expense | Any expenses associated with managing tax-exempt investments, such as fees paid to investment managers or advisors, custodial fees, and other expenses related to the management of these investments. |
Foreign Exchange
| Field | Description |
|---|---|
| Foreign Currency Gain or Loss | Any gains or losses resulting from foreign currency transactions, such as gains or losses from the purchase or sale of foreign currency or from the settlement of foreign currency-denominated transactions. |
1099-B Summary of Sale Proceeds (Line Items)
| Field | Description |
|---|---|
| Section | The section of the Internal Revenue Code (IRC) that applies to the transaction being reported on the form. |
| Proceeds | The gross cash proceeds from all dispositions (including short sales) of securities, commodities, options, securities futures contracts, or forward contracts. |
| Cost Basis | The adjusted basis of any securities sold unless the security is not a covered security |
| Market Discount | The amount of accrued market discount. |
| Wash Sale Loss Disallowed | The amount of wash sale loss disallowed. |
| Net Gain or Loss | Determines whether the gain or loss is short-term or long-term under section 1222, and whether any portion of the gain or loss is ordinary. |
Key Fields
- Year
- Account Number
- Taxpayer Details/TIN
- Recipient Details/Name
- Recipient Details/TIN