The cost basis is your original purchase price. Brokerages used to not have to track this information, it was solely on the taxpayer to track so they could figure if there was a gain or loss upon sale.
Several years ago, it became required for the Brokerages to report the basis.
An easy way to think about it is Covered Transactions are covered by the new requirement and will show the basis. Non-Covered Transactions are not-covered by the requirement to report the basis.
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