- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You can calculate these details for yourself, although they should be on your 1099-B. The 1099-B uses terminology like "Long-Term sales reported to the IRS with Box B checked."
Long-Term means you held it more than a year. Short-Term means you held it one year or less. (You can calculate both these from the dates purchased and sold.)
Covered sales are Category/Box A (meaning what you paid for it is reported to the IRS), and Non-covered are Category/Box B (meaning what you paid is not reported to the IRS). If it doesn't show what you paid, you will need to look it up in your records.
‎June 6, 2019
10:57 AM