How to Read Your Brokerage 1099 Tax Form
How to Read Your Brokerage 1099 Tax Kind

< iframe width="480" height="320" src="https://www.youtube.com/embed/jqngh3GG3HM?rel=0" frameborder="0" allowfullscreen >< img style="float: left; margin:0 5px 5px 0;" src="http://ustaxreview.org/wp-content/uploads/2021/04/pcfb7P.jpg"/ > After a year of investing and trading, it's time to report your taxable investment income to the Internal Revenue Service. To help you do this, your brokerage firm will send you a 1099 tax form. The type notes all your capital gains and losses, dividend and interest payments, and any other investing earnings made in your brokerage account. Find out how to read your 1099 tax kind so you can be better prepared for filing your taxes. If you're a TD Ameritrade customer, have a look at the 1099 Guide for a line-by-line breakdown: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA3438.pdf 0:00 Intro 0:51 Dividends and Circulations 2:21 Miscellaneous Earnings 2:45 Area 1256 Agreements 3:05 Summary of Earnings, Gains & Losses, Modifications and Withholding 3:55 Profits from Broker and Barter Exchange Transactions 1099-B 4:58 Interest Income 1099-INT 5:16 Initial Concern Discount Rate and Adjustments 1099-OID 5:26 Reconciliations, Costs, Costs and Expenditures Subscribe: http://bit.ly/SubscribeTDAmeritrade Have A Look At Investor Insights for daily livestreamed webcasts with TD Ameritrade education coaches: http://bit.ly/SubscribeTDAmeritradeInvestorInsights TD Ameritrade is where smart financiers get smarter. We publish instructional videos that bring investing and financing topics pull back to earth weekly. Have a question or topic tip? Let us know. Connect with TD Ameritrade: Facebook: http://bit.ly/TDAmeritradeFacebook Twitter: http://bit.ly/TwitterTDAmeritrade Open an account with TD Ameritrade: http://bit.ly/SignUpTDAmeritrade