Page 39 - Other Income for Individuals
P. 39

Other Income - Bartering



          Form 1099-B from barter exchange













                                                                                IRS receives copy


                1099-B


                                                                                                      If you exchanged property or
                                                                                                       services through a barter
                                                                                                       exchange, Form 1099-B, Proceeds
                                                                                                       From Broker and Barter Exchange
                                                                                                       Transactions, or a similar
                                                                                                       statement from the barter
                                                                                                       exchange should be sent to you
                                                                                                       by February 16, 2021.
                                                                                                      It should show the value of cash,
                                                                                                       property, services, credits, or
                                                                                                       scrip you received from ex-
                                                                                                       changes during 2020.
                                                                                                      The IRS will also receive a copy of
                                                                                                       Form 1099-B.






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