JamesG1
Expert Alumni

Get your taxes done using TurboTax

You will have to reconstruct the missing information from your personal records.

 

IRS form 1099-B is reporting a noncovered investment.   The broker does not have access to the cost basis and other information that you find missing on the form..

 

Do you have access to the cost basis, date of purchase and other information from your personal records?  

 

The record of the investment purchase may have been recorded with another broker, may not be required under current law or may have taken place before the current law was put in place.

 

IRS Instructions for Form 1099-B includes a lengthy definition of a noncovered security on page 9.

 

@ljcsgar25 

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