What is the scope of the wash sales rule?

For Brokerage Accounts

Interactive Brokers (IBKR) reports all reportable amounts on a Consolidated Form 1099 which includes specific forms 1099 for each type of income. When issued by end of day February 17 you may find your forms in Client Portal…

A consolidated 1099 is a grouping together into one statement of all the 1099 tax information for your account provided by Interactive Brokers to be used in preparation of your annual tax return. This information is also provided to the IRS. Click on a form below for further details:…

IBKR sends an electronic file to the IRS with the same information that was reported to you on Forms 1099.

IBKR also offers tax-advantaged account types for clients who are U.S. citizen, such as IRA accounts. Please click here to learn more about these account offerings. …

The Form 1099-B does not include FX gains or losses. The Forex Income Worksheet will provide gain and loss information from your completed currency transactions for the year.

IBKR also offers tax-advantaged account types for clients who are U.S. citizen, such as IRA accounts. Please…