jill
Level 1

State tax filing

For non-covered securities - what this means (regardless if long or short term) is that the broker is not providing the cost basis.  You need to provide it.  they just handled the sale.  If you know when you purchased the security, you can look up the cost basis at - http://www.marketwatch.com/tools/quotes/historical.asp There are other sites out there, but this is the one I used.

Took me awhile to figure it out - see below

In Turbotax - for the 1099-B

  • box A - short term covered
  • box B - Short term non-covered
  • box D - long term covered
  • box E - long term non-covered