What is a Consolidated 1099 Form for Stocks / ETFs and for Options?

We provide Consolidated (also called Composite) 1099 forms for all your securities trading activity - Stocks, ETFs and Options.

This feature is not currently available in the etoro AI app. If you are using etoro AI, please use the etoro app or the web version of etoro for this action. 

These documents are generated by our securities clearing partner, Apex.

You will receive a Consolidated 1099 for your Stocks and ETFs trading activity, and one for your Options activity.

1099 Consolidated Forms will be made available if you had trading activity during the previous year on your etoro account via the platform. They will be uploaded to the account section during February.

Learn where to find them

For crypto transactions, we provide the Form 1099-DA.

The Consolidated 1099 form contains several tax reports that you may use for your tax filing:

• 1099-B,
• 1099-DIV
• 1099-MISC

What information is included in the Consolidated 1099 Form?

Each of the Consolidated 1099 forms has the same format and content.

Here is what is included in the form:

• Apex’s address and taxpayer identification number (TIN).
• The user’s Apex account information, including your account ID, address, and TIN.
• Document ID.
• Dividends and distributions (IRS Form 1099-DIV): Includes income from any dividends or distributions from an investment during the year.
• Miscellaneous income (IRS Form 1099-MISC): Includes any miscellaneous income during the year, such as referral bonuses.
• Summary of proceeds (IRS Form 1099-B): “Short” term refers to investments held for one year or less. “Long” term refers to investments held for over one year.
• Proceeds: This represents the gross amount of money you received in exchange for selling positions within the year.
• Cost basis: the cost of purchasing the stocks or options positions
• Wash sales loss disallowed: The amount of realized losses that are subject to the IRS wash sale rule.
• Net gain or loss: Total gain or loss of all positions sold during the tax year per Form 8949 category.

*Note: This is provided for informational purposes only. etoro does not provide tax or legal advice. You should consult with a tax or legal professional to address your particular situation.*