Re: (2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

(2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

On my 1099-B, a number of stock sales are type "D", but then Box 2 notes "Long Term, Ordinary" or "Short Term, Ordinary". I am not sure what that means or how/if I need to adjust my return for it. Please let me know. Thanks. Michael

posted

Code D indicates a long-term transaction for which the cost or other basis is being reported to the IRS.

However, there are three checkboxes in Box 2. Which one is checked?

You might want to contact your broker for further information.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

(2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

(2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

Code D indicates a long-term transaction for which the cost or other basis is being reported to the IRS.

However, there are three checkboxes in Box 2. Which one is checked?

Get more help

Do you have a TurboTax Online account?

(2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

Do you have an Intuit account?

(2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

Code D indicates a long-term transaction for which the cost or other basis is being reported to the IRS.

However, there are three checkboxes in Box 2. Which one is checked?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert