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  2. Cost basis - Wikipedia

    en.wikipedia.org/wiki/Cost_basis

    Border-adjustment tax; ... See IRC (Internal Revenue Code) ... up to $350,000 per year for incorrect Form 1099-B cost basis reporting, [3] ...

  3. Wash sale - Wikipedia

    en.wikipedia.org/wiki/Wash_sale

    Basis Adjustment: The disallowed loss is added to the cost basis of the replacement stock. Holding Period: The holding period for the replacement stock includes the holding period of the stock sold. [11] In the United States, reporting wash sale loss adjustments is done on the 1099-B form. [12]

  4. IRS 1099 Tax Form Explained: Here’s Everything You ... - AOL

    www.aol.com/irs-1099-tax-form-explained...

    1099-B. Proceeds from broker and barter exchange transactions. All amounts. Feb. 15. Feb. 28 (paper filing) March 31 (electronic filing) 1099-C. Cancellation of debt. $600 or more. Jan. 31.

  5. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  6. Missed adding a 1099 to your tax return? Here’s what could ...

    www.aol.com/missed-adding-1099-tax-return...

    That doesn’t even include 1099 income earned on interest from savings accounts, cancelled debt, and other sources. All of these income sources need to be reported on your tax return. Even if you ...

  7. Tax information reporting - Wikipedia

    en.wikipedia.org/wiki/Tax_information_reporting

    Forms 1099-DIV, 1099-B and 1099-OID report various investment income and transactions. Form 1099-MISC reports a variety of payments including rent , crop insurance proceeds, so-called " golden parachute " payments, royalties , payments for medical treatment, income from fish that are sold for cash, and payments for business services.

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