Proceeds From Broker and Barter Exchange Transactions

2017

Instructions for Form 1099-B

Department of the Treasury
Internal Revenue Service

Proceeds From Broker and Barter Exchange Transactions
Section references are to the Internal Revenue Code
unless otherwise noted.

Future Developments

For the latest information about developments related to
Form 1099-B and its instructions, such as legislation
enacted after they were published, go to www.irs.gov/
form1099b.

Reminder

In addition to these specific instructions, you should also
use the 2017 General Instructions for Certain Information
Returns. Those general instructions include information
about the following topics.
Who must file (nominee/middleman; certain FFIs and
U.S. payers that report on Form(s) 1099 to satisfy their
chapter 4 reporting requirements).
When and where to file.
Electronic reporting requirements.
Corrected and void returns.
Statements to recipients.
Taxpayer identification numbers.
Backup withholding.
Penalties.
The definitions of terms applicable for chapter 4
purposes that are referenced in these instructions.
Other general topics.
You can get the general instructions from General
Instructions for Certain Information Returns or
www.irs.gov/form1099b.

Specific Instructions

A broker or barter exchange must file Form 1099-B,
Proceeds From Broker and Barter Exchange
Transactions, for each person:
For whom the broker has sold (including short sales)
stocks, commodities, regulated futures contracts, foreign
currency contracts (pursuant to a forward contract or
regulated futures contract), forward contracts, debt
instruments, options, securities futures contracts, etc., for
cash;
Who received cash, stock, or other property from a
corporation that the broker knows or has reason to know
has had its stock acquired in an acquisition of control or
had a substantial change in capital structure reportable on
Form 8806; or
Who exchanged property or services through a barter
exchange.

Brokers

A broker is any person who, in the ordinary course of a
trade or business, stands ready to effect sales to be made
by others. A broker may include a U.S. or foreign person
or a governmental unit and any subsidiary agency.
Nov 29, 2016

You are considered a broker if:
You are an obligor that regularly issues and retires its
own debt obligations, or
You are a corporation that regularly redeems its own
stock.
However, for a sale, redemption, or retirement at an office
outside the United States, only a U.S. payer or U.S.
middleman is a broker. See Regulations sections
1.6045-1(g)(1) and 1.6049-5(c)(5).
You are not considered a broker if:
You are a corporation that purchases odd-lot shares
from its stockholders on an irregular basis (unless facts
indicate otherwise),
You manage a farm for someone else, or
You are an international organization that redeems or
retires its own debt. See Regulations section 1.6045-1(a)
(1).

Reporting
How many transactions to report on each form.
Report each transaction (other than regulated futures,
foreign currency, or Section 1256 option contracts) on a
separate Form 1099-B. Report transactions involving
regulated futures, foreign currency, or Section 1256
option contracts on an aggregate basis. However, you
may report these contracts on an aggregate basis on a
separate Form 1099-B for each type of contract.
How many forms to file for each transaction. Report
sales of each of the following types of securities on a
separate Form 1099-B, even if all three types were sold in
a single transaction.
Covered securities (defined later) with short-term gain
or loss.
Covered securities with long-term gain or loss.
Noncovered securities (securities that are not covered
securities) if you choose to check box 5 when reporting
their sale.
Substitute statements. Brokers that use substitute
statements may be able to report customer transactions
(stock sales (Form 1099-B), interest earned (Forms
1099-INT and OID), dividends (Form 1099-DIV), and
foreign taxes paid (Form 1099-INT)) for the year on a
single substitute statement. For details, see Pub. 1179,
General Rules and Specifications for Substitute Forms
1096, 1098, 1099, 5498, and Certain Other Information
Returns, which provides the rules for substitute forms.
Additional information required for covered securities. For each sale of a covered security for which you
are required to file Form 1099-B, report the date of
acquisition (box 1b), whether the gain or loss is short-term
or long-term, and whether any portion of the gain or loss is
ordinary (box 2), cost or other basis (box 1e), the amount
of accrued market discount (box 1f), and the loss
disallowed due to a wash sale (box 1g). When selling a

Cat. No. 64171A

box 5, you will not be subject to the penalties under
sections 6721 and 6722 for failure to report that
information correctly.
If a short sale obligation is satisfied by delivery of a
security transferred into a customer's account
accompanied by a transfer statement indicating the
security was borrowed, see Regulations section
1.6045-1(c)(3)(xi)(C).
If backup withholding was taken from the gross
proceeds when a short sale was opened in 2017 but the
short sale was not closed by the end of 2017, file a 2017
Form 1099-B. Report the tax withheld in box 4. In box 1a,
enter a brief description of the transaction (for example,
“$5,000 short sale of 100 shares of ABC stock not
closed”). Leave the other numbered boxes blank. File a
complete Form 1099-B for the year the short sale is
closed, as described above, but do not include the
backup withholding amount on this Form 1099-B.
In the case of a short sale, you can take backup
withholding either:
From the gross proceeds when the short sale is
opened, or
From any gain when the short sale is closed if you
expect to be able to determine the gain on the short sale
at that time.

noncovered security, you may check box 5 and leave
boxes 1b, 1e, 1f, 1g, and 2 blank. If you check box 5, you
may choose to report the information requested in boxes
1b, 1e, 1f, 1g, and 2 and will not be subject to penalties
under section 6721 or 6722 for failure to report this
information correctly.
Example. Your customer Mary bought shares of stock
in ABC Corporation in April 1996, April 2016, and August
2016. The shares of stock bought in 2016 are covered
securities. The shares of stock bought in April 1996 are
noncovered securities. In June 2017, Mary sells all of the
stock in a single transaction. Even though the stock was
sold in a single transaction, you must report the sale of the
covered securities on two separate 2017 Forms 1099-B
(one for the securities bought in April 2016 with long-term
gain or loss and one for the securities bought in August
2016 with short-term gain or loss). You must report the
sale of the noncovered securities on a third Form 1099-B
or on the Form 1099-B reporting the sale of the covered
securities bought in April 2016 (reporting long-term gain or
loss). You may check box 5 if reporting the noncovered
securities on a third Form 1099-B. If you check box 5, you
may leave boxes 1b, 1e, and 2 blank or you may complete
boxes 1b, 1e, and 2 and not be subject to penalties under
section 6721 or 6722 for failing to report this information
correctly.

Widely held fixed investment trusts (WHFITs).
Trustees and middlemen must report the amount of
non-pro rata partial principal payments (as defined in
Regulations section 1.671-5(b)(13)), trust sales proceeds
(as defined in Regulations section 1.671-5(b)(21)),
redemption asset proceeds (as defined in Regulations
section 1.671-5(b)(14)), redemption proceeds (as defined
in Regulations section 1.671-5(b)(15)), the sales asset
proceeds (as defined in Regulations section 1.671-5(b)
(17)), and the sales proceeds (as defined in Regulations
section 1.671-5(b)(18)) that are attributable to a trust
interest holder (TIH) for the calendar year on Form
1099-B.
To determine the amount of each item of proceeds to
be reported on Form 1099-B, see generally Regulations
section 1.671-5. If the trustee provides WHFIT information
using the safe harbor rules in Regulations section
1.671-5(f)(1) or (g)(1), the trustee or middleman must
determine the amounts reported on Forms 1099 under
Regulations section 1.671-5(f)(2) or (g)(2), as appropriate.
Check box 5 and leave boxes 1b, 1e, and 2 blank if:
You are a broker reporting the sale of a security held by
a WHFIT to the WHFIT trustee; or
You are a trustee or middleman of a WHFIT reporting
non-pro rata partial principal payments, trust sale
proceeds, redemption asset proceeds, redemption
proceeds, sales asset proceeds, and sales proceeds to a
TIH.
Requirement to furnish a tax information statement
to TIH. A tax information statement that includes the
information provided to the IRS on Form 1099-B, as well
as additional information identified in Regulations section
1.671-5(e), must be provided to TIHs. The written tax
information statement furnished to the TIH for 2017 is due
on or before March 15, 2018. The amount of an item of a
trust expense that is attributable to a TIH must be included

Short sales of securities. Do not report a short sale
entered into after 2010 until the year a customer delivers a
security to satisfy the short sale obligation. Disregard
sections 1259 (constructive sales) and 1233(h) (short
sales of property that becomes worthless). Report the
short sale on a single Form 1099-B unless:
You are reporting both short-term and long-term gain or
loss from a short sale closed by delivery of covered
securities (as just explained under How many forms to file
for each transaction),
The securities delivered to close the short sale include
both covered securities and noncovered securities (as
explained under How many forms to file for each
transaction), or
There was backup withholding and other conditions
apply (see below).
Report on Form 1099-B the relevant information about the
security sold to open the short sale, with the exceptions
described in the following paragraphs.
In box 1a, report the quantity of the security delivered to
close the short sale.
In box 1b, report the acquisition date of the security
delivered to close the short sale.
In box 1c, report the date the security was delivered to
close the short sale.
In box 1e, report the adjusted basis of the security
delivered to close the short sale.
In box 2, report whether any gain or loss on the closing
of the short sale is short-term or long-term based on the
acquisition date of the security delivered to close the short
sale. Apply section 1233(d), if applicable.
If the short sale is closed by delivery of a noncovered
security, you may check box 5. In this case, you do not
have to complete boxes 1b, 1e, and 2. However, if you
choose to report the information in those boxes and check
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Instructions for Form 1099-B (2017)

on the tax information statement provided to the TIH and
is not required to be included in box 5 on the Form
1099-DIV. See Regulations section 1.671-5(e) for a
complete list of the items of information that must be
included in the statement to the TIH.

Foreign currency. If the purchase amount or sales
proceeds are paid in foreign currency, you must report the
amount of foreign currency in U.S. dollars. Generally, you
must determine the reportable amount (other than
amounts representing accrued interest or original issue
discount) as of the date you receive, credit, or make the
payment, whichever applies, at the spot rate or by
following a reasonable spot rate convention, such as a
month-end spot rate or a monthly average spot rate.
When reporting the purchase or sale of a security traded
on an established securities market, you must determine
the U.S. dollar amounts to be reported (other than
amounts representing accrued interest or original issue
discount) as of the settlement date, at the spot rate or by
following a reasonable spot rate convention. See
Regulations section 1.6045-1(d)(8).
Generally, payments of foreign currency amounts
representing accrued interest or original issue discount
must be translated using the average rate for the interest
accrual period, although certain customers may elect to
translate such amounts using the spot rate on the last day
of the interest accrual period. See Regulations sections
1.988-2(b)(2) and 1.6045-1(n)(4)(v).

Acquisition of control or substantial change in capital structure. File Form 1099-B for each customer who
received cash, stock, or other property from a corporation
that you know, or have reason to know based on readily
available information, must recognize gain under section
367(a) from the transfer of property to a foreign
corporation in an acquisition of control or substantial
change in capital structure reportable on Form 8806.
Readily available information includes information from a
clearing organization, such as the Depository Trust
Company (DTC), or from information published on the IRS
website.
Go to IRS.gov and enter keyword “Form 8806” in

TIP the upper right corner to find information on the
IRS website.

You are not required to file a second Form 1099-B for a
customer who received only cash for stock acquired in an
acquisition of control if you report the cash as proceeds
from a sale on another Form 1099-B. You also are not
required to file Form 1099-B for a customer who is an
exempt recipient (under Regulations section 1.6045-1(c)
(3)(i) or 1.6043-4(b)(5)). For a list of exempt recipients,
see the 2017 Instructions for Form 1099-CAP.
Enter in box 1d the aggregate amount of cash and the
fair market value of any stock and other property received
in exchange for stock held in your custody. Also, check
box 7.
In box 1a, show the corporation's name and the
number of shares of the corporation's stock you held that
were exchanged. Also enter the class or classes of stock
(for example, preferred, common, etc.) that were
exchanged, whether for cash or other property.
Abbreviate the class to fit the entry. For example, enter
“C” for common stock, “P” for preferred, or “O” for other.
Also abbreviate any subclasses.
Leave the other numbered boxes and the CUSIP
number box blank unless you are required to file a Form
1099-B to report proceeds you paid to the customer from
the acquisition of control or substantial change in capital
structure and you choose to file and furnish one Form
1099-B for amounts reported under both Regulations
sections 1.6045-1 and 1.6045-3. If you choose to combine
the reporting for both, do not combine other transactions
the customer may have had during the year with the
reporting of the acquisition of control or change in capital
structure. Also, in box 1e, report the total basis of the
customer's stock. Do not enter an amount in box 1e that is
greater than the amount entered in box 1d.

Substitute payments. Do not report substitute
payments in lieu of dividends and tax-exempt interest on
Form 1099-B. Instead, report these payments in box 8 of
Form 1099-MISC, Miscellaneous Income. See section
6045(d) and the Instructions for Form 1099-MISC.
Stock options granted in connection with the performance of services. If an employee, former
employee, or other service provider, in connection with
the performance of services, obtains substantially vested
shares of stock from the exercise of a stock option, and
sells that stock through a broker on the same day, then
the broker may not be required to report the sale on Form
1099-B. For details, see Rev. Proc. 2002-50, which is on
page 173 of Internal Revenue Bulletin 2002-29 at
www.irs.gov/pub/irs-irbs/irb02-29.pdf.
Partnership sale. Form 8308, Report of a Sale or
Exchange of Certain Partnership Interests, does not have
to be filed if, under section 6045, a return is required to be
filed by a broker on Form 1099-B for the transfer of the
partnership interest.
Exceptions. Brokers are not required to file, but may file,
Form 1099-B for the following.
1. Sales for exempt recipients, including the following.
a. Charitable organizations.
b. IRAs.
c. Archer MSAs and health savings accounts (HSAs).
d. The United States or any state or a political
subdivision of the United States or any state.
e. Corporations. However, see Identifying a
corporation, later, for instructions about how to know
whether a customer is a corporation for this purpose. Also,
you must file Form 1099-B for the sale of a covered
security (defined later) by an S corporation if the S
corporation acquired the covered security after 2011.
2. Sales initiated by dealers in securities and financial
institutions.

Cash on delivery account. For a sale of securities
through a “cash on delivery” or similar account, only the
broker that receives the gross proceeds from the sale
against delivery of the securities sold is required to report
the sale. However, if such broker's customer is a
“second-party broker” that is an exempt recipient, only the
second-party broker is required to report the sale.
Instructions for Form 1099-B (2017)

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forward sale is a sale under a forward contract. However,
sales and exchanges of timber for lump-sum payments
must be reported on Form 1099-S, Proceeds From Real
Estate Transactions.
Report sales of agricultural commodities under a
regulated futures contract, sales of derivative interests in
agricultural commodities, and sales of receipts for
agricultural commodities issued by a designated
warehouse on Form 1099-B. A designated warehouse is a
warehouse, depository, or other similar entity designated
by a commodity exchange in which or out of which a
particular type of agricultural commodity is deliverable to
satisfy a regulated futures contract. Sales of warehouse
receipts issued by any other warehouse are not
reportable.
Sales of precious metals. A sale of a precious metal
(gold, silver, platinum, or palladium) in any form for which
the Commodity Futures Trading Commission (CFTC) has
not approved trading by regulated futures contract (RFC)
is not reportable. Further, even if the sale is of a precious
metal in a form for which the CFTC has approved trading
by RFC, the sale is not reportable if the quantity, by weight
or by number of items, is less than the minimum required
quantity to satisfy a CFTC-approved RFC.
For example, a broker selling a single gold coin does
not need to file Form 1099-B even if the coin is of such
form and quality that it could be delivered to satisfy a
CFTC-approved RFC if all CFTC-approved contracts for
gold coins currently call for delivery of at least 25 coins.
Sales of precious metals for a single customer during a
24-hour period must be aggregated and treated as a
single sale to determine if this exception applies. This
exception does not apply if the broker knows or has
reason to know that a customer, either alone or with a
related person, is engaging in sales to avoid information
reporting.

3. Sales by custodians and trustees, provided the sale
is reported on a properly filed Form 1041, U.S. Income
Tax Return for Estates and Trusts.
4. Sales of shares in a regulated investment company
that is a money market fund.
5. Obligor payments on the following.
a. Nontransferable obligations, such as savings bonds
or CDs.
b. Obligations for which gross proceeds are reported
on other Forms 1099, such as stripped coupons issued
before July 1, 1982.
c. Callable demand obligations issued before January
1, 2014, that have no premium or discount.
6. Sales of foreign currency unless under a forward or
regulated futures contract that requires delivery of foreign
currency.
7. Sales of fractional shares of stock if gross proceeds
are less than $20.
8. Retirements of book-entry or registered form
obligations issued before January 1, 2014, if no interim
transfers have occurred.
9. Sales for exempt foreign persons as defined in
Regulations section 1.6045-1(g)(1).
10. Sales of Commodity Credit Corporation certificates.
11. Spot or forward sales of agricultural commodities.
See below.
12. Some sales of precious metals. See Sales of
precious metals, later.
13. Grants or purchases of options, purchases due to
exercises of call options, or entering into contracts that
require delivery of personal property or an interest therein.
14. Sales (including retirements) of short-term
obligations issued on or after January 1, 2014. However, a
broker may be required to file a Form 1099-INT for interest
or original issue discount on a short-term obligation.

Exemption certificate. A broker may require an exempt
recipient to file a properly completed Form W-9, Request
for Taxpayer Identification Number and Certification, or
similar form. A broker may treat an exempt recipient that
fails to do so as a recipient that is not exempt. See part J
in the 2017 General Instructions for Certain Information
Returns for more information.

Identifying a corporation. For sales of covered
securities (defined later) that were acquired after 2011,
you cannot rely on Regulations section 1.6049-4(c)(1)(ii)
(A) to tell whether a customer is a corporation. However,
for sales of all securities, you can treat a customer as an
exempt recipient if one of the following statements is true.
1. The name of the customer contains the term
“insurance company,” “indemnity company,” “reinsurance
company,” or “assurance company.”
2. The name of the customer indicates it is an entity
listed as a per se corporation under Regulations section
301.7701-2(b)(8)(i).
3. You receive a properly completed exemption
certificate on Form W-9 that shows the customer is not an
S corporation.
4. You receive a Form W-8 that includes a certification
that the person whose name is on the form is a foreign
corporation.

Transfer Statement
Any person that transfers custody of a specified security
(defined later) to a broker after 2010 (after 2011 if the
stock is in a regulated investment company, and after
2014 for certain debt instruments, options, and securities
futures contracts) must give the broker a written transfer
statement within 15 days after the date of settlement for
the transfer.
The transferor must furnish a separate statement for
each security and, if transferring custody of the same
security acquired on different dates or at different prices,
for each acquisition. However, a separate statement is not
required for:
Noncovered securities, and
Securities acquired more than 5 years before the
transfer for which basis is determined using an average
basis method.

Spot or forward sales of agricultural commodities.
Agricultural commodities include grain, feed, livestock,
meat, oil seed, timber, and fiber. A spot sale is a sale that
results in almost immediate delivery of a commodity. A
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Instructions for Form 1099-B (2017)

after January 1, 2016, also provide the original basis of
the option and the fair market value of the option as of the
end of the prior calendar year.
The adjusted basis, original acquisition date, holding
period adjustment, and the additional information for a
debt instrument or option described above are not
required if the transfer statement identifies the security as
a noncovered security.
If the names of the customer(s) for the transferring and
receiving accounts are not the same, the transfer
statement must also include the name of the customer(s)
for the account to which the security is transferred.
However, if the transfer is to or from an account for which
a broker, custodian, or other person subject to the transfer
reporting rules is the customer, the transfer statement
must treat the beneficial owner or, if applicable, an agent
substituted by an undisclosed beneficial owner, as the
customer for both accounts, and the broker receiving the
transfer statement should treat the security as held for the
beneficial owner or the beneficial owner's agent
regardless of the customer listed for the broker's account.
The person giving and the broker receiving the transfer
statement can agree to combine the information in any
format or to use a code in place of one or more required
items. Determine the adjusted basis and other information
to be reported as explained in these instructions. If the
basis of the transferred security is determined using an
average basis method, any securities acquired more than
5 years prior to the transfer may be reported on a single
statement on which the original acquisition date is
reported as “various,” but only if the other information
reported applies to all the securities.

These rules apply to:
Any broker,
Anyone that acts as a custodian of securities in the
ordinary course of a trade or business,
Any issuer of securities,
Any trustee or custodian of an individual retirement
plan, or
Any agent of the above.
These rules do not apply to:
The beneficial owner of a security or any agent
substituted for an undisclosed beneficial owner,
Any governmental unit or any agency or instrumentality
of a governmental unit holding escheated securities, or
Any organization that holds and transfers obligations
among members as a service to its members.
Information required. Each transfer statement must
include:
Date the statement is furnished;
Name, address, and telephone number of the person
furnishing the statement;
Name, address, and telephone number of the broker
receiving custody of the security;
Name of the customer(s) for the account from which the
security is transferred;
Account number for the transferring account and, if
different, the receiving account;
CUSIP or other security identifier number of the
transferred security;
Number of shares or units;
Type of security (such as stock, debt instrument, or
option);
Date the transfer was initiated and settlement date of
the transfer (if known); and
The security's total adjusted basis, original acquisition
date, and, if applicable, the holding period adjustment
under section 1091.
For a debt instrument, the following additional
information is required.
A description of the payment terms used by the broker
to compute any basis adjustments under Regulations
section 1.6045-1(n).
The issue price.
The issue date, if different from the original acquisition
date.
The adjusted issue price as of the transfer date.
The initial basis.
Any market discount that has accrued as of the transfer
date.
Any bond premium that has been amortized as of the
transfer date.
Any acquisition premium that has been amortized as of
the transfer date.
Whether the transferring broker has computed any of
the information by taking into account one or more
elections under Regulations section 1.6045-1(n).
The last date on or before the transfer date that the
broker made an adjustment for a particular item relating to
a debt instrument transferred on or after January 1, 2016.
For all option transfers, the date of grant or acquisition
of the option, the amount of the premium paid or received,
and any other information required to fully describe the
option. For the transfer of a Section 1256 option on or
Instructions for Form 1099-B (2017)

Effect on Form 1099-B and other transfer statements.
In preparing Form 1099-B or a transfer statement for
securities you transfer to someone else, you must take
into account all the information (other than securities
classifications) reported on a transfer statement you
receive, unless the statement is incomplete or you know it
is incorrect. If you do not receive a required transfer
statement by the due date, you must request one from the
transferor. If a complete transfer statement is not
furnished, either after you requested one or because no
transfer statement was required, you may treat the
security as noncovered. However, you must file a
corrected Form 1099-B within 30 days of receiving a
transfer statement indicating that the security is a covered
security. But you do not have to file a corrected Form
1099-B if you receive the statement more than 3 years
after you filed the original Form 1099-B. You must also
furnish a corrected transfer statement within 15 days of
receiving a transfer statement indicating that a security is
a covered security if you transferred the security
transferred to you. But you do not have to furnish a
corrected transfer statement if you receive the transfer
statement more than 18 months after you furnished your
transfer statement.
More information. For more information about transfer
statements, including definitions, exceptions, rules for gift
transfers, transfers from a decedent's estate, and
transfers of borrowed securities, see Regulation section
1.6045A-1.
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Transactions involving corporate members or clients of a
barter exchange may be reported on an aggregate basis.

Issuer Returns for Actions Affecting Basis
An issuer of a specified security (defined later) that takes
an organizational action that affects the basis of the
security must file an issuer return on Form 8937. This
applies to organizational actions after 2010 (after 2011 if
the stock is in a regulated investment company, and after
2013 for debt instruments, options, and securities futures
contracts). The return is due on or before the 45th day
following the organizational action or, if earlier, January 15
of the next calendar year.

Member information. In the recipient area of Form
1099-B, enter information about the member or client that
provided the property or services in the exchange.
Exceptions. Barter exchanges are not required to file
Form 1099-B for:
1. Exchanges through a barter exchange having fewer
than 100 transactions during the year,
2. Exempt foreign persons as defined in Regulations
section 1.6045-1(g)(1), or
3. Exchanges involving property or services with a fair
market value of less than $1.00.

An issuer is not required to file this return if, by the due
date, the issuer posts the return with the required
information in a readily accessible format in an area of its
primary public website dedicated to this purpose and, for
10 years, keeps the return accessible to the public on its
primary public website or the primary public website of
any successor organization. An issuer may electronically
sign a return that is publicly reported on the issuer’s public
website. The electronic signature must identify the
individual who is signing the return.

Statements to Recipients
If you are required to file Form 1099-B, you must provide a
statement to the recipient. For more information about the
requirement to furnish a statement to the recipient, see
part M in the 2017 General Instructions for Certain
Information Returns.

Effect on Form 1099-B and transfer statements. In
preparing Form 1099-B or a transfer statement, you must
take into account all the information reported by the issuer
of the security on a statement that the issuer furnishes to
you or is deemed to furnish to you, unless the issuer
statement is incomplete or you know it is incorrect. Take
into account only those organizational actions taken by
the issuer of the security during the period you held
custody of the security (beginning with the date on which
you received a transferred security). If you receive or are
deemed to receive an issuer statement after filing Form
1099-B, you must file a corrected Form 1099-B within 30
days of receiving the issuer statement. But you do not
have to file a corrected Form 1099-B if you receive the
issuer statement more than 3 years after you filed the
original Form 1099-B. If you receive or are deemed to
receive an issuer statement after furnishing a transfer
statement for a covered security, you must furnish a
corrected transfer statement within 15 days of receiving
the issuer statement. But you do not have to furnish a
corrected transfer statement if you receive the issuer
statement more than 18 months after you furnished the
original transfer statement.

Truncating recipient's taxpayer identification
number (TIN) on payee statements. Pursuant to
Treasury Regulations section 301.6109-4, all filers of this
form may truncate a recipient’s TIN (social security
number (SSN), individual taxpayer identification number
(ITIN), adoption taxpayer identification number (ATIN), or
employer identification number (EIN)) on payee
statements. Truncation is not allowed on any documents
the filer files with the IRS. A filer's TIN may not be
truncated on any form. See part J in the 2017 General
Instructions for Certain Information Returns.

2nd TIN Not.
You may enter an “X” in this box if you were notified by the
IRS twice within 3 calendar years that the payee provided
an incorrect TIN. If you mark this box, the IRS will not
send you any further notices about this account.
However, if you received both IRS notices in the same
year, or if you received them in different years but they
both related to information returns filed for the same year,
do not check the box at this time. For purposes of the
two-notices-in-3-years rule, you are considered to have
received one notice and you are not required to send a
second “B” notice to the taxpayer on receipt of the second
notice. See part N in the 2017 General Instructions for
Certain Information Returns for more information.

More information. For more information, see Form
8937 and its instructions, and Regulations section
1.6045B-1.

Barter Exchanges

A barter exchange is any person or organization with
members or clients that contract with each other (or with
the barter exchange) to jointly trade or barter property or
services. The term does not include arrangements that
provide solely for the informal exchange of similar
services on a noncommercial basis. Persons who do not
contract with a barter exchange but who trade services do
not file Form 1099-B. However, they may have to file Form
1099-MISC.

For more information on the TIN Matching System

TIP offered by the IRS, see the 2017 General

Instructions for Certain Information Returns.

CUSIP Number
For transactional reporting by brokers, enter the CUSIP
(Committee on Uniform Security Identification
Procedures) number of the security or other applicable
identifying number.

Transactional/aggregate reporting. Barter exchanges
involving noncorporate members or clients must report
each transaction on a separate Form 1099-B.
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Instructions for Form 1099-B (2017)

option or securities futures contract, enter the name of the
underlier and the number of shares or units covered by
the contract.

Account Number
The account number is required if you have multiple
accounts for a recipient for whom you are filing more than
one Form 1099-B. The account number is also required if
you check the "FATCA filing requirement" box. See
FATCA Filing Requirement Check Box below.
Additionally, the IRS encourages you to designate an
account number for all Forms 1099-B that you file. See
part L in the 2017 General Instructions for Certain
Information Returns.

For bartering transactions, describe the service or
property provided.
For regulated futures contracts and forward contracts,
enter “RFC” or other appropriate description.
For Section 1256 option contracts, enter “Section 1256
option” or other appropriate description.

FATCA Filing Requirement Check Box
Check the box if you are an FFI reporting payments to a
U.S. account pursuant to an election described in
Regulations section 1.1471-4(d)(5)(i)(A). In addition,
check the box if you are a U.S. payer that is reporting on
Form 1099-B as part of satisfying your requirement to
report with respect to a U.S. account for chapter 4
purposes as described in Regulations section 1.1471-4(d)
(2)(iii)(A).

See Acquisition of control or substantial change in
capital structure, earlier, for the information to enter in
box 1a for that type of transaction.

Box 1b. Date Acquired
Enter the acquisition date of any securities sold. Leave
this box blank if:
The securities sold were acquired on a variety of dates,
or
You check box 5 and do not choose to complete
box 1b.

Applicable Check Box on Form 8949
Use this box to enter a one-letter code that will assist the
recipient in reporting the transaction on Form 8949 and/or
Schedule D. Use the code below that applies to how the
recipient will report the transaction.
Code A. This code indicates a short-term transaction
for which the cost or other basis is being reported to the
IRS. Use this code to report a transaction that the
recipient will report on Schedule D, line 1a, or on Form
8949 with box A checked with totals being carried to
Schedule D, line 1b.
Code B. This code indicates a short-term transaction
for which the cost or other basis is not being reported to
the IRS. Use this code to report a transaction that the
recipient will report on Form 8949 with box B checked with
totals being carried to Schedule D, line 2.
Code D. This code indicates a long-term transaction for
which the cost or other basis is being reported to the IRS.
Use this code to report a transaction that the recipient will
report on Schedule D, line 8a, or on Form 8949 with box D
checked with totals being carried to Schedule D, line 8b.
Code E. This code indicates a long-term transaction for
which the cost or other basis is not being reported to the
IRS. Use this code to report a transaction that the
recipient will report on Form 8949 with box E checked with
totals being carried to Schedule D, line 9.
Code X. Use this code to report a transaction if you
cannot determine whether the recipient should check box
B or box E on Form 8949 because the holding period is
unknown.

For short sales, see Short sales of securities, earlier.

Box 1c. Date Sold or Disposed
For broker transactions, enter the trade date of the sale or
exchange. For short sales, see Short sales of securities,
earlier. For barter exchanges, enter the date that cash,
property, a credit, or scrip is actually or constructively
received.

Box 1d. Proceeds
Enter the gross cash proceeds from all dispositions
(including short sales) of securities, commodities, options,
securities futures contracts, or forward contracts. Show a
loss, such as one from a closing transaction on a written
option or forward contract, as a negative amount by
enclosing it in parentheses.
You must reduce the proceeds by commissions and
transfer taxes related to the sale. For securities sold
because of the exercise of an option granted or acquired
before 2014, you may, but are not required to, take into
account option premiums in determining gross proceeds if
that is consistent with your books. For securities sold
because of the exercise of an option granted after 2013 or
for the treatment of an option granted or acquired after
2013, see Regulations section 1.6045-1(m) for details.
If you reduce gross proceeds by option premiums,
check the second box in box 6. Otherwise, check the first
box.

Box 1a. Description of Property
For stock and debt instruments, enter the issuer's name
and the number of shares or units you held that were
exchanged. For stock, also enter the class or classes of
stock (for example, preferred, common, etc.) that were
exchanged, whether for cash or other property.
Abbreviate the class to fit the entry. For example, enter
“C” for common stock, “P” for preferred, or “O” for other.
Also abbreviate any subclasses. For a non-Section 1256
Instructions for Form 1099-B (2017)

Do not include amounts shown in boxes 8 through 11.
If identical stock is sold at separate times on the same
calendar day by a single trade order and a single
confirmation is given that reports to the customer an
aggregate price or an average price per share, you can
determine gross proceeds by averaging the proceeds for
each share. However, do not do this if the customer
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Any debt instrument, other than a debt instrument
subject to section 1272(a)(6) (certain interests in or
mortgages held by a REMIC, certain other debt
instruments with payments subject to acceleration, and
pools of debt instruments the yield on which may be
affected by prepayments), or any short-term obligation.
For this purpose, a security classified as debt by the
issuer is treated as debt. If the issuer has not classified
the security, the security is not treated as debt unless the
broker knows that the security is reasonably classified as
debt under general federal tax principles or that the
instrument or position is treated as a debt instrument
under a specific provision of the Internal Revenue Code.
Any option on one or more specified securities (which
includes an index substantially all the components of
which are specified securities), any option on financial
attributes of specified securities, or a warrant or stock
right.
Any securities futures contract.

notifies you in writing of an intent to determine the
proceeds from the sale by the actual proceeds per share
and you receive that notification by January 15 of the
calendar year following the year of the sale. You may
extend the January 15 deadline but not beyond the due
date for filing Form 1099-B.
Do not include any accrued qualified stated interest on
bonds sold between payment dates (or on a payment
date) in this box. Instead, report this accrued interest on
Form 1099-INT.
For reporting an acquisition of control or substantial
change in capital structure, see page 3.

Box 1e. Cost or Other Basis
Enter the adjusted basis of any securities sold unless the
security is not a covered security and you check box 5. If
you check box 5 and are not reporting basis, leave box 1e
blank. Enter -0- in box 1e only if the securities sold
actually had a basis of zero.

Noncovered security. A noncovered security is any
security that is not a covered security.
The following securities are not covered securities.
Stock acquired in 2011 that was transferred in 2011 to a
dividend reinvestment plan that meets the requirements of
Regulations section 1.1012-1(e)(6). However, a covered
security acquired in 2011 and transferred to a dividend
reinvestment plan after 2011 remains a covered security.
For purposes of this rule, stock is considered transferred
to a dividend reinvestment plan if it is held in a plan that is
not a dividend reinvestment plan and the plan amends its
plan documents to become a dividend reinvestment plan.
The stock is considered transferred as of the effective
date of the plan amendments.
A security acquired due to a stock dividend, stock split,
reorganization, redemption, stock conversion,
recapitalization, corporate division, or other similar action,
if the basis of the acquired security is determined from the
basis of a noncovered security.
A security that, when acquired, did not have to be
reported on Form 1099-B because it was acquired from
an exempt recipient or an exempt foreign person as
defined in Regulations section 1.6045-1(g)(1).
A security for which reporting is required by Regulations
section 1.6049-5(d)(3)(ii) (certain securities owned by a
foreign intermediary or flow-through entity).
A debt instrument if the terms of the debt instrument are
not reasonably available to the broker within 90 days of
the date the debt instrument was acquired by the
customer and the debt instrument is either a debt
instrument issued by a non-U.S. issuer or a tax-exempt
obligation issued before January 1, 2014.

Covered security. A covered security is any of the
following.
Stock acquired for cash in an account after 2010,
except stock for which the average basis method is
available.
Stock for which the average basis method is available
and that is acquired for cash in an account after 2011.
A specified security transferred to an account if the
broker or other custodian of the account receives a
transfer statement (explained earlier) reporting the
security as a covered security.
Certain debt instruments or options that are specified
securities acquired for cash in an account after 2013. See
Regulations section 1.6045-1(a)(15)(i)(C) and (E).
Certain debt instruments or options that are specified
securities acquired for cash in an account after 2015. See
Regulations sections 1.6045-1(a)(15)(i)(D) and
1.6045-1(m)(2)(ii). This includes variable- rate debt
instruments, inflation-indexed debt instruments,
contingent payment debt instruments, convertible debt
instruments, options on debt instruments with payments
denominated in, or determined by reference to, a currency
other than the U.S. dollar, and options issued as part of
investment units.
A securities futures contract entered into in an account
after 2013.
A security acquired due to a stock dividend, stock split,
reorganization, redemption, stock conversion,
recapitalization, corporate division, or other similar action,
if the basis of the acquired security is determined from the
basis of a covered security.
Specified security. A specified security is any of the
following.
Any share of stock (or any interest treated as stock,
such as an American Depositary Receipt) in an entity
organized as, or treated for federal tax purposes as, a
corporation (foreign or domestic). For this purpose, a
security classified as stock by the issuer is treated as
stock. If the issuer has not classified the security, the
security is not treated as stock unless the broker knows
that the security is reasonably classified as stock under
general federal tax principles.

Identification of securities. If the customer has
acquired securities on different dates or at different prices
and sells less than the entire position in the security,
report the sale according to the customer's adequate and
timely identification of the security to be sold. If no
identification is provided, report the sale in this order.
1. Any shares for which the acquisition date is
unknown.
2. The shares that were acquired first, whether they
are covered or noncovered securities.
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Instructions for Form 1099-B (2017)

2. The commissions and transfer taxes to buy the
security.

Average basis method. Generally, the average basis
method is available for either of the following types of
stock if the customer leaves the shares with a custodian
or agent in an account and acquires identical shares of
stock at different prices in the account.
Stock in most mutual funds or other regulated
investment companies.
Stock acquired after 2010 in connection with a dividend
reinvestment plan that meets the requirements of
Regulations section 1.1012-1(e)(6).
Compute basis using the average basis method if:
The customer elects that method; or
You choose the average basis method as your default
method, and the customer does not give you any other
instructions.
Generally, determine the average basis of a share of
stock by dividing the aggregate basis of all shares of
identical stock in an account by the total number of
shares, regardless of holding period. However, for this
purpose, shares of stock in a dividend reinvestment plan
are not identical to shares of stock with the same CUSIP
number that are not in a dividend reinvestment plan. The
basis of each share of identical stock in the account is the
aggregate basis of all shares of that stock in the account
divided by the aggregate number of shares. Unless a
single-account election is in effect, you may not average
together the basis of identical stock held in separated
accounts that is sold, exchanged, or otherwise disposed
of after December 31, 2011. See Regulations section
1.1012-1(e) for details.

You may, but do not have to:
Take option premiums into account to determine the
initial basis of securities acquired by exercising an option
granted or acquired before 2014, or
Increase initial basis for income recognized upon the
exercise of a compensatory option or the vesting or
exercise of other equity-based compensation
arrangements granted or acquired before 2014.
You cannot increase initial basis for income recognized
upon the exercise of a compensatory option or the vesting
or exercise of other equity-based compensation
arrangements, granted or acquired after 2013. For rules
related to options granted or acquired after 2013, see
Regulations section 1.6045-1(m).
You must report the basis of identical stock by
averaging the basis of each share if:
The stock was purchased at separate times on the
same calendar day in executing a single trade order, and
The broker executing the trade provides a single
confirmation to the customer that reports an aggregate
total price or an average price per share.
However, do not average the basis if the customer timely
notifies you in writing of an intent to determine basis by
the actual cost per share.
The initial basis of a security transferred to an account
is generally the basis reported on the transfer statement. If
a transfer statement indicates that the security is acquired
as a gift, you must apply the relevant basis rules for
property acquired by gift in determining the initial basis,
except you do not have to adjust the basis for gift tax.
Treat the initial basis as equal to the gross proceeds from
the sale if:
Neither gain nor loss is recognized because of the
basis rules for gift property, or
The initial basis depends on fair market value as of the
date of the gift and you neither know nor can readily
ascertain this value.

Adjusted basis. The adjusted basis begins with the
initial basis (defined next) as of the date the security is
acquired into an account.
In reporting the adjusted basis, take into account all
information, other than the classification of the security
(such as stock), reported on a transfer statement or issuer
return furnished to you or deemed furnished to you,
unless that statement or return is incomplete or you know
it is incorrect. See Transfer Statement and Issuer Return
for Actions Affecting Basis, earlier. Also, treat Form 2439
as an issuer return and take into account the effects of
undistributed capital gains reported to you on the form by
a regulated investment company or real estate investment
trust.
You are not required to consider other transactions,
elections, or events occurring outside the account when
determining basis.
You are also not required to apply section 1259
(constructive sales), section 475 (mark-to-market method
of accounting), section 1296 (mark-to-market method of
accounting for marketable stock in a passive foreign
investment company), and section 1092 (straddles).
For a debt instrument, see Regulations sections
1.6045-1(n)(7) and 1.6045-1(n)(11) for the rules to
determine adjusted basis for a debt instrument acquired at
a premium or discount.

Short sales. In the case of a short sale, report the
adjusted basis of the security delivered to close the short
sale.
Wash sales. If a customer acquired securities that
caused a loss from a sale of other securities to be both
nondeductible under section 1091 and the loss was
reported as a wash sale adjustment on a Form 1099-B for
the sale at a loss, increase the adjusted basis of the
acquired securities by the amount of the disallowed loss.
For 2011 through 2013, the wash sale adjustment was
reported in box 5. In 2014 and 2015, the wash sale
adjustment was reported in boxes 1f and 1g. Beginning in
2016, the wash sale adjustment is reported in box 1g.
Corporate mergers. Report only the net reduction in
basis between stock exchanged and stock received when
reporting the payment of cash paid as part of a corporate
merger, reorganization, or similar event that is taxable
only to the extent that cash or property other than stock or
securities (“boot”) is received and for which no loss can be
recognized. Enter only the amount of the reduction
attributable to the amount reported in box 1d. Enter the
amount as a positive number. However, do not apply this

Initial basis. If a customer paid cash for a security, the
initial basis is:
1. The total cash paid by the customer or credited
against the customer's account for the security, plus
Instructions for Form 1099-B (2017)

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rule, and instead report adjusted basis as described
earlier, for any stock considered to have been redeemed
or sold, for example, fractional shares of stock resulting
from the merger that are only paid in cash.
Example. Your customer Fred buys 100 shares of
covered stock in MNO Corporation for $5,000 in February
2017. MNO Corporation merges with PQR Corporation in
December 2017. The merger is taxable only to the extent
that boot is received. Fred receives 100 shares of PQR
stock with a value of $4,700 and $800 cash boot in
exchange for his MNO stock. Fred's resulting basis in the
PQR stock is $4,700. Report the $800 cash boot in
box 1d, and report $300 in box 1e to reflect the net
reduction in basis from $5,000 (for the MNO stock) to
$4,700 (for the PQR stock).

Box 1f. Accrued Market Discount

Enter the amount of accrued market discount in box 1f.

Box 1g. Wash Sale Loss Disallowed
Wash sales. Report wash sale loss amount disallowed.
You must report any loss disallowed under section 1091 if
both the sale and purchase transactions occur in the
same account with respect to covered securities with the
same CUSIP number. You are permitted, but are not
required, to report in box 1g all loss disallowed under
section 1091. For example, you may report a disallowed
loss even though a security is sold in one account and
repurchased in a different account. Increase the adjusted
basis of the acquired securities by the amount of the
disallowed loss reported in box 1g.
You also do not have to apply the wash sale rules if:
The purchased security is transferred to another
account before the wash sale,
The purchased security was purchased in another
account and later transferred into the account from which
securities were sold,
The securities are treated as held in separate accounts,
or
The customer has notified you in writing (including in an
electronic format) that he or she has made a valid and
timely mark-to-market election under section 475 and
identifies the account from which the securities were sold
as containing only securities subject to the election.
For more details, see Regulations section 1.6045-1(d)
(6)(iii).
Example. Your customer Joe buys 100 shares for
$1,000 in September 2017. In October 2017, he sells
them for $600. Within 30 days of the sale, he buys 75
shares with the same CUSIP number in the same
account. Since his loss is $400 ($1,000 minus $600) but
the loss on 75 shares is disallowed, his disallowed loss is
$300. Report the $600 gross proceeds from the sale in
box 1d, $1,000 basis in box 1e, and $300 wash sale loss
disallowed in box 1g. The $300 in disallowed loss is
added to his basis in the newly purchased 75 shares.

Box 2. Type of Gain or Loss
Determine 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. In making the determination
you must do the following.
Consider any information reported on a transfer
statement.
Consider any information reported on Form 8937.
Apply the rules for stock acquired from a decedent.
Apply the rules for stock acquired as a gift.
If a customer acquired securities that caused a loss
from a sale of other securities to be both nondeductible
under section 1091 and reported in box 5 of a 2013 or
earlier Form 1099-B (or reported on a 2014 or 2015 Form
1099-B with code W in box 1f and an adjustment amount
in box 1g), use the rules in section 1223(3) to determine
the holding period of the acquired securities.
In the case of a short sale, report whether any gain or
loss on the closing of the short sale is short-term or
long-term based on the acquisition date of the security
delivered to close the short sale. Apply the rule in section
1233(d), if applicable.
Except as provided below, in addition to checking the
applicable short-term or long-term box, you are required
to check the “Ordinary” check box if all or a portion of the
gain or loss may be ordinary. You may not report both
short-term and long-term gain or loss on the same Form
1099-B.
For transactions that are denominated in a currency
other than the U.S. dollar, brokers must check the
"Ordinary" check box because these transactions may be
section 988 transactions to the customer. Because a
customer may make an election to treat gains and losses
on certain section 988 transactions as capital, the broker
must also check the short-term or long-term box to
indicate whether any portion of the gain or loss may be
short-term or long-term. Brokers are not required to check
the “Ordinary” check box if the security is a market
discount bond or passive foreign investment company
stock. Brokers are required to check the “Ordinary” check
box if the security is a contingent payment debt instrument
subject to the noncontingent bond method.
You are not required to consider other transactions,
elections, or events occurring outside the account when
determining whether the gain or loss on the sale is
short-term or long-term. You are also not required to apply
holding period-related adjustments under section 1259
(constructive sales), 475 (mark-to-market method of
accounting), 1092 (straddles), 1233(b)(2) (short sales),
1296 (mark-to-market method of accounting for
marketable stock in a passive foreign investment
company), 852(b)(4)(A), 857(b)(8), 852(b)(4)(B)
(regulated investment company and real estate
investment trust adjustments), and Regulations section
1.1221-2(b) (hedging transactions).

Box 3. Check if Basis Reported to IRS
Check this box if:
You are not checking box 5, or
You are checking box 5 but are reporting basis to the
IRS in box 1e anyway.

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Instructions for Form 1099-B (2017)

Box 4. Federal Income Tax Withheld
Enter backup withholding. For example, persons who
have not furnished their TIN to you in the manner required
are subject to withholding on certain amounts required to
be reported on this form. This is called backup
withholding. For more information on backup withholding,
including the rate, see part N in the 2017 General
Instructions for Certain Information Returns and go to
www.irs.gov/form1099b.
Use Form W-9 to request the TIN of the recipient. For
foreign recipients, request the recipient complete the
appropriate Form W-8. See the Instructions for the
Requester of Forms W-8BEN, W-8BEN-E, W-8ECI,
W-8EXP, and W-8IMY.

Box 5. Check if a Noncovered Security
You may check the box if reporting the sale of a
noncovered security. Do not check this box if reporting the
sale of a covered security.
If you check this box, you do not have to complete
boxes 1b, 1e, 1f, 1g, and 2, and you do not have to check
box 3. If you check box 5 and choose to complete boxes
1b, 1e, 1f, 1g, and 2, you are not subject to penalties
under section 6721 or 6722 for failure to report boxes 1b,
1e, 1f, 1g, and 2 correctly. If you do not check box 5, you
are subject to penalties under sections 6721 and 6722 for
failure to report boxes 1b, 1e, 1f, 1g, and 2 correctly even
if you are reporting the sale of a noncovered security.

Box 6. Reported to IRS
See Box 1d. Proceeds, earlier.

Box 7. Check if Loss Not Allowed Based on
Amount in Box 1d
See Acquisition of control or substantial change in capital
structure, earlier.

Regulated Futures Contracts, Foreign Currency
Contracts, and Section 1256 Option Contracts
(Boxes 8 Through 11)—Brokers Only

If you complete boxes 8 through 11, do not complete any
other numbered box except box 1a and, if applicable,
box 4. Also, do not complete the “Applicable check box on
Form 8949” box.

Box 8. Profit or (Loss) Realized in 2017 on Closed
Contracts
Enter the profit or (loss) realized by the customer on
closed regulated futures, foreign currency, or Section
1256 option contracts in 2017.

at the end of 2016. Do not include amounts related to
contracts that were open on 12/31/15 and were
transferred to another broker during 2016.

Box 10. Unrealized Profit or (Loss) on Open
Contracts—12/31/2017
Enter the unrealized profit or (loss) on open regulated
futures, foreign currency, or Section 1256 option contracts
at the end of 2017.
Box 11. Aggregate Profit or (Loss) on Contracts
Enter the aggregate profit or (loss) for the year from
regulated futures, foreign currency, or Section 1256
option contracts. Use boxes 8, 9, and 10 to figure the
aggregate profit or (loss).
Box 12. Check if Proceeds Are From Collectibles
Check the box if the proceeds you are reporting in box 1d
are from a transaction involving collectibles.
Box 13. Bartering
Enter the gross amounts received by a member or client
of a barter exchange. This includes cash received, the fair
market value of any property or services received, and the
fair market value of any trade credits or scrip credited to
the member's or client's account. However, do not include
amounts received by a member or client in a subsequent
exchange of credits or scrip. Do not report negative
amounts.
Boxes 14 Through 16. State Information
These boxes may be used by filers who participate in the
Combined Federal/State Filing Program and/or who are
required to file paper copies of this form with a state tax
department. See Pub. 1220 for more information
regarding the Combined Federal/State Filing Program.
They are provided for your convenience only and need
not be completed for the IRS. Use the state information
boxes to report payments for up to two states. Keep the
information for each state separated by the dash line. If
you withheld state income tax on this payment, you may
enter it in box 16. In box 14, enter the abbreviated name of
the state. In box 15, enter the filer's state identification
number. The state number is the filer's identification
number assigned by the individual state.
If a state tax department requires that you send them a
paper copy of this form, use Copy 1 to provide information
to the state tax department. Give Copy 2 to the payee for
use in filing the payee's state income tax return.

Box 9. Unrealized Profit or (Loss) on Open
Contracts—12/31/2016
Enter the unrealized profit or (loss) on open regulated
futures, foreign currency, or Section 1256 option contracts

Instructions for Form 1099-B (2017)

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