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1099-B confusion
I was granted 600 RSUs for my company when I started (200 each year for 3 years). The first group of those came to me in 2018, I ended up getting 140 shares after 60 were sold to cover the taxes. Fast forward 18 months, the stock hasn't done well, I sold those shares at an $8,000 loss, however when I enter the data from the 1099-B it says its a "Long Term – Noncovered Securities" meaning I owe more money, that doesn't make sense. I feel like the form is wrong, should I enter long term not reported?
thanks
February 14, 2020
8:15 AM