Hi,
I have LT gains that were reported to the IRS and some that were not reported to the IRS (same sale). Can I just combine them and report them both together on that sale under Box D Long-Term Covered or do I split them, part under Box D and part under Box E? If I have to split them Do I enter the Box E info below the Box D info where it says "I need to enter amounts from box 1f, 1g, or other adjustments? If so, is the "total adjustments to gain" the gain/loss amount on my 1099B vs proceeds and cost basis?
Thank you very much.
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They need to be reported separately. Do not combine category B and category D transactions. You would only enter box 1f or 1g amounts if they are reported in your Form 1099-B. Can you clarify the last part of your question.
David,
I figured it out.
Thanks
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