1099 and trading

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GHJK

This is the first year I'll get getting a 1099 along w a K1 for taxes

I normally just hand my accountant the K1 and taxes are easy, but I'm wondering if there is anything I should know or do now that I'm getting a 1099

I know I should ask my accountant but they don't always know the best w regards to trading.
 
1099 has serveral forms according to different income type..
For example: 1099-b is for Broker transactions
first you will get Proceeds From Broker and Barter Exchange and you should reportTransactions Sales or redemptions of securities, futures transactions, commodities, and barter exchange transactions.

The following is a detailed introduction about all kinds of 1099 forms
http://www.irs.gov/efile/article/0,,id=98114,00.html
hope that help you!
 
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