Knowledgebase: vBarter FAQ's
IRS - How To - Get my IRS 1099b eFile Data?
Posted by Bruce Kamm on February 27 2010 08:42 AM

Q: How do I get my IRS 1099b eFile Data?

A: You can view or download a data file of all of your members barter sales on the Reports tab. Simply click Accounting, then 1099b. 

Select HTML to view the report on screen. Select Excel to download the data and copy it to to an excel spreadsheet or to a Word file to mail merge the data to prepare 1099b forms. Or select IRS to download a data file in the required format to upload to the IRS eFile service.

It is important to note that pursuant to IRS regulations, corporate members barter sales can be reported in the aggregate total, while individual's barter sales must be reported detailing each individual transaction.

 

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