I directly imported my 1099B from my broker (TD Ameritrade). There is a list of transactions on my 1099B that have no date acquired and no cost basis and Turbotax is asking me about them. The broker said they are transactions from a widely held investment trust (or commodity trust) and that they could be reported in the section of undetermined tax transactions for non-covered tax lots. How do I do this? TT asks me for the date acquired, the cost or other basis, and the type of gain or loss. There are 52 transactions in total with a small earning (~$130).
Would it be possible, in order to simplify, to say that the cost basis was $0 in total so that the $130 are seen as total income received?
Thank you so much in advance.
