Form 1099-B

The IRS information return that barter exchanges must file for each member's transactions under IRC 6045. Box 13 reports the fair market value of goods or services received through the exchange. Unlike general business reporting under IRC 6041, barter exchanges must file Form 1099-B even for corporate members and have no minimum aggregate dollar threshold, only a de minimis exemption for transactions under $1.00.

Related Terms

Learn More

Dig Deeper

Before you sign up, see how SkillLedger compares and read the how-to guides.

Discover Your Perfect Skill Exchange

Not sure where to start? Take the quiz to find your best match, or use the calculator to see what your skills are worth.