2013 / 2014 Tax Season Dates and Deadlines
1099 Consolidated Tax Form
Your 2013 1099 Consolidated Tax Form is issued by our clearing firm, Apex Clearing Corporation, and shows the information that has been reported to the IRS. The consolidated 1099 lists income and reportable transactions in the following types:
- 1099-B (Proceeds From Broker and Barter Exchange Transactions)
- 1099-DIV (Dividends and Distributions)
- 1099-INT (Interest Income)
- 1099-OID (Original Issue Discount)
- 1099-MISC (Miscellaneous)
In addition to the 1099 income types listed above, this form contains supplemental details provided to help you prepare your return. Only the information reported on Form 1099 is sent to the IRS.
Please note that not all accounts qualify for a 1099. 1099s are only generated for accounts with greater than $10.00 in dividend and/or interest income or qualified trading transactions. For more information on what qualifies an account for a 1099, refer to this FAQ.
1099-R (Distributions from Retirement Accounts)
This form is used to show distributions from retirement accounts including, Traditional, Roth and SEP IRA accounts. It shows the total distribution amount and the distribution code(s) as well as any federal or state tax withholding that may have been requested at time of withdrawal.
5498 (Contributions to Retirement Accounts)
This form is used to show amounts deposited to Traditional, Roth and SEP IRA accounts for the previous tax year. For Traditional and SEP IRA account holders who have reached the age of 70.5 years, the form is sent to show the fair market value of your IRA account in order to calculate your Required Minimum Distribution.
Tax Related Frequently Asked Questions
How do I take a Required Minimum Distribution from my IRA?
Can I access my 1099 tax forms online?
Will I receive a Form 1099-B for my account?
What qualifies a dividend for the beneficial tax treatment of 0-15%?
What Tax Relief Method is my cost basis being reported under?
Can I elect to assign a specific tax lot to a closing transaction?
When is a short sale reported for tax purposes?
What is a wash sale?
How do I make an IRA contribution (New OptionsHouse)?
How do I make an IRA contribution (Standard OptionsHouse)?
How do I transfer funds from an OptionsHouse account into an OptionsHouse IRA?
I believe there is an error on my Form 1099-B, how can I correct this?
Neither OptionsHouse, LLC nor any of its affiliates provide investment or tax advice.
Useful Links and Instructions
Accessing your 1099 form in the new OptionsHouse platform
Accessing your 1099 form in the standard OptionsHouse Platform
Funding method instructions
How to establish an ACH relationship (New OptionsHouse)
How to establish an ACH relationship (Standard OptionsHouse)
Cash or Securities Transfer Form
Traditional and SEP IRA Simplifier
Roth IRA Simplifier
EDU IRA Simplifier
IRA Deposit Slip