If you have a Form 1099-B you must report it. The holding period is very important if you have a gain. Below is provided the difference between long term and short term holdings that were sold or redeemed.
- Long term: held more than one year (one year plus one day)
- Short term: held one year or less
If you do not have a 1099-B in 2023 and you just want to delete the entry for this year follow the steps by using the link below.
- If you're using TurboTax Online software and need to delete a form, click here.
- If you're using TurboTax CD\Download software and need to delete a form, click here.
Please update here if you need additional assistance or have more questions.
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