I am working on "Proceeds from Broker and Barter Exchange Transactions", and my brokers 1099 Consolidated Statement. I have entered 1) Short Term - Covered Securities, 2) Short Term - Noncovered Securities, 3) Long Term - Covered Securities, and 4) Long Term - Noncovered Securities, but I also have 5) Noncovered Securities with Undertermined Holding Period. How do I enter this category? My 1099 says "Consider Box 5 (Noncovered Security) as being checked and Box 12 (Basis Reported to IRS) as not being checked for this section. These transactions should be reported on Form 8949 Part I or Part II with box C or E checked."
Can you tell me how to enter this category in Turbotax?
Thank you,
Homebrewer57
