On my 1099-B the 1099 references A, D & E. Does that correspond to the Turbo Tax pull down options. I was getting mixed messages between the E v the F. On my 1099-B it says A short therm realized Gain, Short term transaction which basis is reported to the IRS. Box E long term realized Gain, Long term transactions for which basis is to reported to the IRS. Box D long term realized Gain, Long term transactions for which basis is reported to the IRS.
You'll need to sign in or create an account to connect with an expert.
Yes, the pull down options of A, D, & E on the 1099-B entry form correspond to the A, D & E references on your form.
The difference between E and F is that E is long term "non covered" or long term gain, with the cost basis not reported to the IRS. And F is long term "not reported" or long term gain for which the sale is not reported to the IRS.
D is long term covered or long term gain with cost basis reported to the IRS
A is short term covered or short term gain with cost basis reported to the IRS
Yes, the pull down options of A, D, & E on the 1099-B entry form correspond to the A, D & E references on your form.
The difference between E and F is that E is long term "non covered" or long term gain, with the cost basis not reported to the IRS. And F is long term "not reported" or long term gain for which the sale is not reported to the IRS.
D is long term covered or long term gain with cost basis reported to the IRS
A is short term covered or short term gain with cost basis reported to the IRS
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
addison-thigpen
New Member
hrobin1950
New Member
davidwees
New Member
tsr-company
Returning Member
Tim4219
New Member