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Level 1
June 5, 2019
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1099-B - is long term covered the same as long term basis is reported?

  • June 5, 2019
  • 1 reply
  • 9 views
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Best answer by AnnetteB6

Yes, those terms mean the same thing -- long-term transaction where the basis was reported to the IRS.

1 reply

AnnetteB6Answer
Level 15
June 5, 2019

Yes, those terms mean the same thing -- long-term transaction where the basis was reported to the IRS.

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