As a general rule, any broker or financial institution that processes transactions on your behalf will send you a 1099 form if they are required to do so by the IRS. However, it is always best to check with the specific broker or institution to confirm whether or not they will be sending you a 1099. If they are not required to send one, they may not do so even if you request it. For example, ETRADE is not required to send 1099 forms for accounts that only trade mutual funds. However, they will send 1099 forms for accounts that engage in other types of transactions, such as stocks, options, or futures. So if you have an account with ETRADE and you’re not sure if you’ll be receiving a 1099, your best bet is to contact them directly and ask.
Have you ever found yourself in a situation where you need some extra cash to cover unexpected expenses? Do you have bills piling up and