The attached files are samples of the 2011 E-File Magic Version of the 1099-B form. This form is used by both the corporate efile service E-File Magic software and our processing bureau when preparing your data for mailing.

Excerpt: Section references are to the Internal Revenue Code unless otherwise noted.

"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, bonds, commodities, regulated futures contracts, foreign currency contracts (pursuant to a forward contract or regulated futures contract), forward contracts, debt instruments, 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."

Download our 1099-B software!

E-File Magic also offers software for: Form 1097-BTC, Form 1098, Form 5498, Form 3922, Form 3921, and Form W-2G.