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1099-B, Futures

Trading Term

For regulated futures, Interactive Brokers reports to the US Internal Revenue Service (IRS) the aggregate profit or loss on your consolidated forms 1099, in the 1099-B section for noncovered securities. In compliance with Treasury Department Circular 230, unless stated to the contrary, any information contained in this FAQ was not intended or written to be used and cannot be used for the purpose of avoiding tax penalties that may be imposed on any taxpayer.

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