https://ttlc.intuit.com/community/taxes/discussion/i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short-term/01/2500230#M895671 it says basis report to IRS=0 And says non cover security, so should i out short term no reported and non cover its the only option i see Mon, 09 Mar 2026 05:31:34 GMT msutton_2002 2026-03-09T05:31:34Z https://ttlc.intuit.com/community/taxes/discussion/i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short-term/01/2500230#M895671 it says basis report to IRS=0 And says non cover security, so should i out short term no reported and non cover its the only option i see Mon, 09 Mar 2026 05:31:34 GMT https://ttlc.intuit.com/community/taxes/discussion/i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short-term/01/2500230#M895671 msutton_2002 2026-03-09T05:31:34Z https://ttlc.intuit.com/community/taxes/discussion/re-i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short/01/2500273#M895686 <P>A<U> lot</U> of different stuff is reported on a 1099-B. It sounds like you may be talking about option contracts? Could you clarify the type of transaction so some one can discuss the situation accurately. If it's simple stocks, long-term is more than one year between the purchase and sale.</P> Sun, 20 Feb 2022 01:43:11 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short/01/2500273#M895686 RetiredinMich 2022-02-20T01:43:11Z https://ttlc.intuit.com/community/taxes/discussion/re-i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short/01/2501207#M896068 <P>You can look at the dates to determine if it is long-term or short-term. The basis reported is zero. If the basis is unknown it defaults to zero.</P> Sun, 20 Feb 2022 14:23:09 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short/01/2501207#M896068 ColeenD3 2022-02-20T14:23:09Z https://ttlc.intuit.com/community/taxes/discussion/re-i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short/01/2501424#M896160 <P>if you look carefully at the broker's report, it will tell you what box to check, in the fine print.</P><P>If not there, it's probably one of those new startup brokers whose customer service is not so hot.</P> Sun, 20 Feb 2022 15:43:15 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-am-trying-to-enter-my-1099-b-form-but-i-am-not-sure-if-my-description-is-long-term-or-short/01/2501424#M896160 fanfare 2022-02-20T15:43:15Z