Skip to main content
Level 6
April 4, 2024
Question

1099-B box 13

  • April 4, 2024
  • 2 replies
  • 13 views

I have a customer that has a 1099-B box 13 Barterning $74,324.00.  How do I report this on their return?  This is the first time I have had this.  

This topic has been closed for replies.

2 replies

sjrcpa
Level 15
April 4, 2024

What kind of business is he in?

What did he barter?

The more I know the more I don’t know.
judys3Author
Level 6
April 5, 2024

Bullion 

sjrcpa
Level 15
April 5, 2024

So he received bullion?

In exchange for what?

The more I know the more I don’t know.
judys3Author
Level 6
April 5, 2024

this was not a business related transaction.  Customer purchased gold years ago and sold in 2023 for a loss.  I just want to make sure I am correct this will go on the schedule D and the loss of more than 3k will carry forward