Introduction This chapter explains the tax treatment of sales and trades ofinvestment property. Investment property.This is property that produces investment income. Examples includestocks, bonds, and Treasury bills and notes. Property used in a tradeor business is not investment property. Form 1099-B.If you sold property such as stocks, bonds, or certain commoditiesthrough a broker during the year, you should receive, for each sale, aForm 1099-B, Proceeds From Broker and Barter ExchangeTransactions, or an equivalent statement from the broker. Youshould receive the statement by January 31 of the next year. It willshow the gross proceeds from the sale. The IRS will also get a copy ofForm 1099-B from the broker. Use Form 1099-B (or an equivalent statement received fromyour broker) to complete Schedule D of Form 1040. For moreinformation, see Form 1099-B transactions underReporting Capital Gains and Losses, later. Other property transactions.Certain transfers of property are discussed in other IRSpublications. These include: Sale of your main home, discussed in Publication 523,Selling Your Home, Installment sales, covered in Publication 537,Installment Sales, luxury reservations HamburgVarious types of transactions involving business property,discussed in Publication 544, Sales and Other Dispositions ofAssets, caribbean poker rulesTransfers of property at death, covered in Publication 559,accommodation in Saint MaloSurvivors, Executors, and Administrators, and Disposition of an interest in a passive activity, discussedin Publication 925, Passive Activity and At-RiskRules.