• IMPORTANT - BPS IRS 1099 Notification #3

      • To
      • Clearing Member Firms; BPS Users
      • From
      • CME Clearing
      • #
      • 11-464
      • Notice Date
      • 23 December 2011
      • Effective Date
      • 23 December 2011
    • AS A REMINDER, NOVEMBER 30, 2011 MARKS THE END OF THE 2011 TAX YEAR FOR BROKERAGE. 

      This memo covers the entire 1099 process, including:

       

      ·   Year End Reports

      ·   Tax Adjustment Period

      ·   Backup Withholding

      ·   Firm 1099 Statements

      ·   BPS 1099 Processing Schedule

       

       

      Click here for a full copy of text

       

       

      11-464