Basic question for most:
1099-B copy b for recipient...do I have to do anything with it, or it's just informational? This one reports box 6 gross proceeds of above 1K.
1099-DIV Supplemental Information form, on the tax reporting statement list 1a, 1b, and 2a amounts nothing else in the statement, so I'm guessing this one has to be reported and I was reading it could be reported directly in 1040? Client has a form 1099-Div for a different amount of above $10 in 1a from the same institution.
If somebody could clarify this reporting requirements for forms 1099-DIV; 1099-INT; 1099-B; OID's; for me I would appreciate it.
Thank you!