Account
Funding
Stock Transfer
Trading in US Market
Trading in HK Market
Trading in A-shares Market
Pattern Day Trading
Margin Trading
IPOs Subscription
Position and P&L
Free Stocks & Coupons
Promotions
Fee Schedule
Tax
- How to access tax documents
- How to correct wrong information on tax statements
- What is Tax Form 1099
- Who will receive a 1099
- When will 1099s be available online
- Tax Form 1099-DIV
- Tax Form 1099-INT
- Tax Form 1099-B
- Tax Form 1099-MISC
- How to download the 1099 into TurboTax
- What is Tax Form 1042S
- Who will receive a 1042S
- When will 1042S Tax Forms be available online
- Key Terms for Tax Form 1042-S
- Cost basis accounting
- Common Tax FAQs
- How to Identify Corrected Statements
- Real Time Cost Basis (Diluted and Average Cost) vs US Tax Reporting Cost Basis
- FATCA Withholding Help center article
Corporate Action
Getting Started
App Features
Market Introduction
Paper Trading
Technical Analysis
Algo Trading
OpenAPI
Terms and Disclosures
Cash Sweep
Contact Us

Tax Form 1099-MISC

Key Terms for 1099-MISC

1. Royalties

The Internal Revenue Service (IRS) defines a royalty as something paid to obtain intellectual property, or to use intellectual property or rights to such property.

2. Other Income

Used to report certain types of miscellaneous compensation, such as prizes and awards.

This section will reflect the fair market value (FMV) for any free/ promotional shares received from Moomoo.

3. Substitute Payments in Lieu of Dividends or Interest

Dividend and interest payments received when shares are loaned to the company.

*Moomoo does not currently support product types that pay these types of income categories.

We do not provide tax advice and any tax-related information provided is general in nature and should not be considered tax advice. Consult a tax professional regarding your specific tax situation.

Helpful？

Yes No