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Where can I find sale catogory on 1099-B statement

 
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PatriciaR
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Where can I find sale catogory on 1099-B statement

Brokerage statements will not always report the sales category, even if the information is available right on the 1099-B.

If you held the security less than one year, use code C (short-term, not reported)

If you held the security more than one year, use code F (long-term, not reported)

The IRS is receiving the 1099-B information from the broker, but is relying on you to report the correct category.

Input your 1099-B at:

  • Federal Taxes > Wages & Income > 
  • Scroll down to Investment Income, then click Show More
  • Select Start next to Stocks, Mutual Funds, Bonds, Other

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