turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

fdhelmer
New Member

I received a 2016 Form 1099-B when I cashed in some stock.The form was not filled out completely it did not have a DATE ACQUIRED (1a) which was 10-2-2006 and was missing

Cost or Other Basis Box (1e) which was $5,665.39 Do I need Black Rock to Reissue this form with the missing information so it matches what I am reporting?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I received a 2016 Form 1099-B when I cashed in some stock.The form was not filled out completely it did not have a DATE ACQUIRED (1a) which was 10-2-2006 and was missing

No.  You've clearly sold a "noncovered" security which means that the broker is not reporting the date of acquisition or basis to the IRS.  Look closely at the 1099-B and you should see something about this.

Simply enter the sale and enter the date acquired and basis using your own records as investors have been doing for decades before the IRS dreamed up the concept of "covered" and "noncovered" securities.

This will be a "Box E" sale.

Tom Young

View solution in original post

1 Reply

I received a 2016 Form 1099-B when I cashed in some stock.The form was not filled out completely it did not have a DATE ACQUIRED (1a) which was 10-2-2006 and was missing

No.  You've clearly sold a "noncovered" security which means that the broker is not reporting the date of acquisition or basis to the IRS.  Look closely at the 1099-B and you should see something about this.

Simply enter the sale and enter the date acquired and basis using your own records as investors have been doing for decades before the IRS dreamed up the concept of "covered" and "noncovered" securities.

This will be a "Box E" sale.

Tom Young

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies