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posted Mar 20, 2020 12:19:16 PM

1099-B stock sale. I have a catetory X with no cost basis. There is no select for category X, just A - F. How do I report my sale using Turbo Tax?

Stocks were purchased between 9/29/2000 & 4/28/2010.  Under Type of Gain/Loss it shows Noncovered on the total line

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2 Replies
Level 15
Mar 20, 2020 12:31:46 PM
Level 2
Mar 20, 2020 12:42:15 PM

You'll want to enter an individual transaction instead a summary transaction.  When you enter individual transactions, you will have the sales category X as an option.  Make sure you enter both date acquired and date sold to calculate the correct holding period.