On Nov 1, 2024, I purchased gold and silver TRUST fund shares in a taxable Vanguard fund. My 1099-B shows "UNDETERMINED TERM TRSACTION FOR NONCOVERED TAX LOTS ..." with sales for November 30 and December 31 for the silver and gold funds. Note it is "sales" although I did not sell any shares! The only column listed is Column 1d for Proceeds (no Date acquired, cost basis or gain/loss). I also see a Section of "Fees and Expenses" for the two funds whose amounts match the Column 1d Proceeds in the "UNDETERMINED ..."SECTION OF 1099-B.
When I import these, TurboTax does not like them because of the missing data. I am confused because it really was no sale. Furthermore, the 1099-B has no Date acquired or cost basis which really makes TT go crazy. And to make matters worse, the TT Review section does not provide a box to enter the cost basis.
How do I properly handle all of this in TurboTax? Thanks for you help. I can provide screen shots if that helps.
