Is short term covered on a 1099B the same as "short term transactions for which basis is reported to IRS"?

both sales proceeds and yax basis were reported to the IRS. the type should be A.

The term "covered" means brokerage reports the basis on its records to the IRS.

Covered transactions without adjustments do not have to be detailed on Form 8949.

See Schedule D Line a1 and Line 8a

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