SA1128
Returning Member

How to enter proceeds from sale of rights to stock listed in transactions on 1099-B

On my 1099-B I have a single transaction under the title:

UNDETERMINED TERM TRANSACTIONS FOR NONCOVERED TAX LOTS

For proceeds of $42 for sale of rights to stock. There is NO cost basis or date acquired entered. TT Desktop keeps asking for that info. How do I get pass this?

 

It is NOT included in the total proceeds in the summary of this account. It is listed under box B "basis not reported to IRS" and date acquired is N/A. Do I delete it from my downloaded transactions?

I read the community post from @pbs2bz in 2024 but still not sure how to proceed.

Thanks, Susan