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tjcordy
New Member

After going through and editing all my stock sales as "Long term, not covered", it is showing up as "Long term, not reported". Why is that?

 
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Ashby
New Member

After going through and editing all my stock sales as "Long term, not covered", it is showing up as "Long term, not reported". Why is that?

It means the same thing. A noncovered transaction means basis is "not reported" to the IRS.

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1 Reply
Ashby
New Member

After going through and editing all my stock sales as "Long term, not covered", it is showing up as "Long term, not reported". Why is that?

It means the same thing. A noncovered transaction means basis is "not reported" to the IRS.

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