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1099-B - is long term covered the same as long term basis is reported?

 
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AnnetteB
Intuit Alumni

1099-B - is long term covered the same as long term basis is reported?

Yes, those terms mean the same thing -- long-term transaction where the basis was reported to the IRS.

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AnnetteB
Intuit Alumni

1099-B - is long term covered the same as long term basis is reported?

Yes, those terms mean the same thing -- long-term transaction where the basis was reported to the IRS.

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