Form 1099-B

Form 1099-B

Form 1099-B

Form 1099-B is an IRS tax form specifically used for reporting the sale of private company stock. When you sell shares of stock in a private startup or small business, the broker-dealer or financial institution involved will provide you with a Form 1099-B to document the transaction. This form is mandatory, and essential for calculating capital gains or losses on your federal and state income tax returns.

The purpose of Form 1099-B is to report the proceeds from the sale of capital assets, such as privately held company shares. Unlike publicly traded stocks, the sale of private company stock may involve additional complexities, such as valuations and stock option exercises, which need to be accurately reflected on the form. By receiving and properly utilizing Form 1099-B, you can ensure that you comply with tax regulations and accurately report your capital gains or losses from the sale of private company stock.

It is important to consult with a tax professional or advisor familiar with the intricacies of private company stock sales to ensure that you correctly interpret and utilize the information provided on Form 1099-B for accurate tax reporting.

© 2023–2024 Gondola Technologies, Inc. All rights reserved.

The information contained herein is provided for informational and educational purposes only. None of the information provided represents an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, nor does it constitute an offer to provide investment advice or service. Any information relating to company financing, valuation, or capitalization information should be independently verified by you in connection with any investment decision. The material is based in part on information from third-party sources that we believe to be reliable, but which have not been independently verified by us and for this reason we do not represent that the information is accurate or complete. There may exist other material non-public information that impacts the valuation of any securities. Past performance is not indicative of future results.

This site is operated by Gondola Technologies, Inc. (“Company”), which is not a registered broker-dealer. The Company does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities posted here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. The Company has not taken steps to verify the adequacy, accuracy, or completeness of the information. Neither the Company nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy.

Securities are offered through FNEX Capital LLC (“FNEX”), Member FINRA/SIPC, located at One Indiana Square, Suite 2252, Indianapolis, IN 46204. FNEX does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. You can review the BrokerCheck for FNEX here. Investments in private offerings are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in such offerings. Investments in private offerings are illiquid and those investors who cannot hold an investment for an indeterminate period should not invest. Past performance is not indicative of future results.

Nothing set forth here shall constitute an offer to sell any securities or a solicitation of an offer to purchase securities in any jurisdiction. Any offer to sell or solicitation of an offer to purchase shall be made only to qualified investors through a private placement memorandum or associated offering document ("Offering Document"). The specific terms of an investment are subject to the Offering Document, which will contain additional information not set forth here, including a description of certain risks of investing, which will be material to any qualified investors decision to invest.

Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. Investors must be able to afford the loss of their entire investment.

© 2023–2024 Gondola Technologies, Inc. All rights reserved.

The information contained herein is provided for informational and educational purposes only. None of the information provided represents an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, nor does it constitute an offer to provide investment advice or service. Any information relating to company financing, valuation, or capitalization information should be independently verified by you in connection with any investment decision. The material is based in part on information from third-party sources that we believe to be reliable, but which have not been independently verified by us and for this reason we do not represent that the information is accurate or complete. There may exist other material non-public information that impacts the valuation of any securities. Past performance is not indicative of future results.

This site is operated by Gondola Technologies, Inc. (“Company”), which is not a registered broker-dealer. The Company does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities posted here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. The Company has not taken steps to verify the adequacy, accuracy, or completeness of the information. Neither the Company nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy.

Securities are offered through FNEX Capital LLC (“FNEX”), Member FINRA/SIPC, located at One Indiana Square, Suite 2252, Indianapolis, IN 46204. FNEX does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. You can review the BrokerCheck for FNEX here. Investments in private offerings are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in such offerings. Investments in private offerings are illiquid and those investors who cannot hold an investment for an indeterminate period should not invest. Past performance is not indicative of future results.

Nothing set forth here shall constitute an offer to sell any securities or a solicitation of an offer to purchase securities in any jurisdiction. Any offer to sell or solicitation of an offer to purchase shall be made only to qualified investors through a private placement memorandum or associated offering document ("Offering Document"). The specific terms of an investment are subject to the Offering Document, which will contain additional information not set forth here, including a description of certain risks of investing, which will be material to any qualified investors decision to invest.

Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. Investors must be able to afford the loss of their entire investment.

© 2023–2024 Gondola Technologies, Inc. All rights reserved.

The information contained herein is provided for informational and educational purposes only. None of the information provided represents an offer to buy or sell, or the solicitation of an offer to buy or sell, any security, nor does it constitute an offer to provide investment advice or service. Any information relating to company financing, valuation, or capitalization information should be independently verified by you in connection with any investment decision. The material is based in part on information from third-party sources that we believe to be reliable, but which have not been independently verified by us and for this reason we do not represent that the information is accurate or complete. There may exist other material non-public information that impacts the valuation of any securities. Past performance is not indicative of future results.

This site is operated by Gondola Technologies, Inc. (“Company”), which is not a registered broker-dealer. The Company does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities posted here are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. The Company has not taken steps to verify the adequacy, accuracy, or completeness of the information. Neither the Company nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy.

Securities are offered through FNEX Capital LLC (“FNEX”), Member FINRA/SIPC, located at One Indiana Square, Suite 2252, Indianapolis, IN 46204. FNEX does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. You can review the BrokerCheck for FNEX here. Investments in private offerings are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in such offerings. Investments in private offerings are illiquid and those investors who cannot hold an investment for an indeterminate period should not invest. Past performance is not indicative of future results.

Nothing set forth here shall constitute an offer to sell any securities or a solicitation of an offer to purchase securities in any jurisdiction. Any offer to sell or solicitation of an offer to purchase shall be made only to qualified investors through a private placement memorandum or associated offering document ("Offering Document"). The specific terms of an investment are subject to the Offering Document, which will contain additional information not set forth here, including a description of certain risks of investing, which will be material to any qualified investors decision to invest.

Investment opportunities posted on this website are "private placements" of securities that are not publicly traded, are subject to holding period requirements, and are intended for investors who do not need a liquid investment. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. Investors must be able to afford the loss of their entire investment.