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Friday, December 30, 2011

Last Post For 2011

Reminder of currently scheduled dates for information reporting:

Broker Basis Reporting:

On traded stocks; Transactions after 12/31/10

On mutual fund shares; Transactions after 12/31/11

On "other securities"; Transactions after 12/31/12

Merchant Payment Card Reporting; Payments after 12/31/11

Business Information Reporting; Repealed for payment to corporations

Rental Property Expense Reporting; Repealed

W-2 Reporting of Health Coverage; Optional for 2011, small employers exempt until guidance issued

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