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Get your taxes done using TurboTax
Because this was the sale of a non-covered security, the financial institution does not have to report the date acquired (1b) or the cost basis (1e).
The taxpayer, however, does have to provide that information on the tax return.
The following post provides additional information on covered and non-covered securities: Covered v Noncovered
‎June 6, 2019
8:32 AM