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Non-covered means that the broker did not list the cost basis of the stock (or fund) sold, as it was before they were required to keep track.
So you need to enter the cost basis in the program. It may also ask if short term or long term (held for at least one year).
Non-covered means that the broker did not list the cost basis of the stock (or fund) sold, as it was before they were required to keep track.
So you need to enter the cost basis in the program. It may also ask if short term or long term (held for at least one year).
That's indicating that you somehow, and I don't know how unless you've been working in Forms Mode that's only available using a desktop version, that you've indicated both that you didn't receive a 1099-B for the sale AND the 1099-B that you received reported the trade as noncovered.
If you imported the trade then it sounds like something has been mishandled in the .TXF file
Delete that trade and re-enter it.
Tom Young
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