dgeistt
New Member

Get your taxes done using TurboTax

I have shares in a gold trust. Each month the trust manager sells a small portion of bullion to cover management expenses. These are reported on my 1099B as "noncovered securities with undetermined holding period". Turbo tax wants me to input a acquired date, cost basis and type of gain or loss, none of which I have. How do I handle this situation??