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Get your taxes done using TurboTax
Hi,
There is also no letter indicating the category. I checked with my brokerage firm and they told me that they are not required to supply that information ("The securities you owned were non-covered securities which means that there is no reporting requirement for cost basis on a 1099"). Box 5 is checked for Noncovered Security, but I do not know if was long-term or short-term. How do I proceed?
‎April 28, 2020
10:53 AM