I received a Composite Statement of 1099 Forms from Raymond James & Associates. In the 1099-B section of the statement it reported the redemption of the Guggenheim US 50 unit investment trust that I purchased in 2018 and held to maturity in 2019. Dividends were paid monthly and reinvested in the trust. There were 12 Short Term Transactions for Noncovered Lots and 2 Long Term Transactions for Noncovered Lots that I entered manually in TurboTax.
There was one Nondetermined Term Transaction for Noncovered Lots that was identified as a Return of Principal. Where or how is this entered in TurboTax? Is a Return of Principal the same as a Return of Capital?
If it is a Return of Capital, do I need to go back and adjust the cost basis of all transactions that occurred prior to 03/072019? Or, can I simply adjust the cost basis of my original purchase of the trust?
