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1099B

regarding a non-covered security & not knowing the cost basis(box1a) or date acquired (box 1b)...I only know the date of sale (box1c) and quantity and proceeds (box 1d).....what do I enter in these columns

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1099B

once holding period for the shares is determined (Box B or E), you can enter "various" for date acquired within that holding period.

IRS says:

"For non-covered securities ( BOX B or E) showing zero (wrong) basis, enter the correct basis yourself.
Use code "B" and put -0- in col (g)."

TurboTax will do this if you tell it to with "I have a basis issue"

.@cher52 

 

 

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