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posted Mar 20, 2022 8:56:20 AM

How do you label a sale section titled "SHORT TERM TRANSACTIONS FOR COVERED TAX LOTS"

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1 Best answer
Employee Tax Expert
Mar 20, 2022 11:03:35 AM

On Form 1099-B Brokerage activity, Box A reports Short-Term transactions with basis reported to the IRS (covered). If you are entering a different form, please provide that information.

1 Replies
Employee Tax Expert
Mar 20, 2022 11:03:35 AM

On Form 1099-B Brokerage activity, Box A reports Short-Term transactions with basis reported to the IRS (covered). If you are entering a different form, please provide that information.