- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099b 1e (Cost Basis) In 2017 Turbo Tax - need to enter two types of sales.
How to enter two responses for single sale?
Example. long term covered and long term uncovered. e.g. $1500 total and 1000 covered and $500 not covered. Previously could make both choices. Thoughts?
Should I treat this like 2 sales?
Topics:
posted
June 6, 2019
10:54 AM
last updated
June 06, 2019
10:54 AM
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099b 1e (Cost Basis) In 2017 Turbo Tax - need to enter two types of sales.
Yes, you should treat it like two sales: one line for your covered sale and one line for your not covered sale. You will need to find your cost basis (how much you paid) for the not covered sale, if it is not reported on the 1099-B.
June 6, 2019
10:54 AM
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099b 1e (Cost Basis) In 2017 Turbo Tax - need to enter two types of sales.
Yes, you should treat it like two sales: one line for your covered sale and one line for your not covered sale. You will need to find your cost basis (how much you paid) for the not covered sale, if it is not reported on the 1099-B.
June 6, 2019
10:54 AM
Still have questions?
Make a post