Yes my 1099-B form has below -
Box 5 - checked (for non covered security)
Box 12 - checked (basis not reported to IRS)
I am with the same brokerage so as mentioned by you the only reason "X" is marked on 1099-b is may be because - It was held with them for longer than the IRS began to require this information from the broker.
If this is the case then I think I can safely select long term with acquired date as Various.
For cost or Other Basis my 1099-B says "N/A" so is it ok if I select "Cost Basis is incorrect or missing on my 1099-B"
Appreciate your response. Thank you for the help.
