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Is Ginnie Mae GNMA considered stock (non employee), Mutual fund/Index fund,, Bond or Options when entering 1099-B?

 
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2 Replies
JamesG1
Expert Alumni

Is Ginnie Mae GNMA considered stock (non employee), Mutual fund/Index fund,, Bond or Options when entering 1099-B?

I would report the investment under Stock (non-employee) or Mutual fund, index fund, or ETF

 

Note that at the screen Let us know if any of these situations apply to this sale, different reporting options are available to you if you use Stock (non-employee) than if you used Mutual fund, index fund, or ETF.

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Is Ginnie Mae GNMA considered stock (non employee), Mutual fund/Index fund,, Bond or Options when entering 1099-B?

I called Edward Jones and they were thinking that choosing Bond was closest to the options given.  What say you?

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