bkevin1
New Member

Noncovered Security

When TurboTax reviews my taxes it keeps coming up with this message:

Form 1099-B Worksheet (TD AMERITRADE CLEARING INC): Noncovered Security-1 applies only to a transaction reported on Form 1099-B. Do not enter for CAMBRIDGE CAPITAL HOLDINGS INC COM.

I bought this security when there wasn't a rule where brokers had to report buys to the IRS.

Is it okay that I keep this sell on worksheet 1099-B.  If not, were do I enter this data?

Thanks