Interactive Brokers Tax Reporting. PDF fileInteractive Brokers presents US Tax Reporting for Stocks and Options Nancy A Nelson CPA nnelson@interactivebrokerscom Webinar begins @ 400pm EDT Member SIPC wwwsipcorg webinars@interactivebrokerscom wwwibkrcom/webinars.

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Account Management Webinar Notes Interactive Brokers Llc from Interactive Brokers LLC

If you are a US citizen you also receive a Consolidated 1099 from Interactive Brokers (IBKR) The Consolidated 1099 will report US and foreign source income sales proceeds and cost basis information for securities received in your IBKR account The amount of Canadian tax withheld is also included in Foreign Tax withheld on Form 1099.

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Interactive Brokers provides a variety of useful tools and information for your tax reporting needs Tax Optimizer Manage your stock option bond warrant and singlestock future gains and losses for tax purposes in our Javabased Tax Optimizer.

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YearEnd Tax FormsTax Reporting of NonUs Persons and Entities Form 1042SCanadian NR4 Statement of Amounts Paid Or Credited to NonResidents of CanadaYou can expect to receive the following Tax Forms and Reports Your Forms are available to view and print by accessing IBKR’s website selecting Account Management from the Login menu and then clicking Reports > Tax > Tax Forms.

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Interactive Brokers provides a variety of useful tools and information for your tax reporting needs including our popular Tax Optimizer If you are an institution click below to learn more about our offerings for RIAs Hedge Funds Compliance Officers and more.

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Interactive Brokers (IBKR) is based in the United States and also operates in several other jurisdictions IBKR is required under various laws to both withhold remit and report on income to various tax authorities both in the US and in other countries It is very important when operating your account to provide information concerning your primary tax residency.