I have a 1099-B, but I cannot determine short or long term covered basis. The section title only says "Summary of Proceeds from Broker and Barter Exchange Transactions"
031576
3 Replies
Critter-3
Level 15
Mar 5, 2022 4:54:03 AM
If there are dates of purchase and sale then you have the info you need ... one year or less is short term.
Did the statement have any codes ? Call your broker for help in understanding your paperwork.
mobear
New Member
Mar 5, 2022 1:31:27 PM
Yes, the date of sale is 5/2021 and the transaction description says "Merger", but I don't see any codes.