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Get your taxes done using TurboTax
Yes, I would advise to check then for the correct cost basis. Yes select 'long-term basis not reported to IRS (non-covered)', assuming all of the stocks are considered long term holding period.
Holding Periods:
- Long term is a holding period of more than one year (one year plus one day) and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax)
- Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate)
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March 5, 2025
10:40 AM
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