How do you report the cost basis on principal repayments by fannie mae?

[aschmidtjr]

these are payments made this year for prior years investments. the payments are broken down by month and are for different amounts. they are for the same qty and cost basis. the cost basis and date acquired are left blank however on the statement.

[Critter · Accepted solution]

Just use various for the date bought ,  make them long term if you had them more than 1 year & since this is a return of principal the sale price is the same as the basis.  Just fill in the blanks on the broker statement yourself. 

[Tcoyle2]

Thanks for your info on this subject.  Since my FHLMC  and FNMA are on my 1099B under Short Term, am I to assume correctly that I should make the missing dates within the 2020 year?

Thanks again!