I am entering a summary for each category sale for 1099B. What should I do with Box A Short-Term Realized Gain and Box A Short-Term Realized Loss? For example, the gain is 100 and the loss is 200. Should I treat them as other adjustment and check "I need to enter amount form box 1f, 1g, or other adjustment" and input -100 as the total adjustment gain, if so, what is the code?
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You should not have to combine anything. You should only have to post the Sale Categories. They are:
Box A - Short-term Covered - Short-terms sales with cost basis reported to the IRS
Box B - Short-term Noncovered - Short-term sales with cost basis NOT reported to the IRS
Box C - Short-term Not reported - Short-term sales not reported to the IRS
Box D - Long-term Covered - Long-term sales with cost basis reported to the IRS
Box E - Long-term Noncovered - Long-term sales with cost basis NOT reported to the IRS
Box F - Long-term Not reported - Long-term sales not reported to the IRS
Box X - Holding period and cost basis NOT reported to the IRS
If you have items in Box X you will have to make an adjustment into a different category.
Transactions in this Box either do not have a Cost Basis or the date is not present.
If the cost basis is missing you may be able to find it through
Historical Stock Quote Prices - MarketWatch
You should not have to combine anything. You should only have to post the Sale Categories. They are:
Box A - Short-term Covered - Short-terms sales with cost basis reported to the IRS
Box B - Short-term Noncovered - Short-term sales with cost basis NOT reported to the IRS
Box C - Short-term Not reported - Short-term sales not reported to the IRS
Box D - Long-term Covered - Long-term sales with cost basis reported to the IRS
Box E - Long-term Noncovered - Long-term sales with cost basis NOT reported to the IRS
Box F - Long-term Not reported - Long-term sales not reported to the IRS
Box X - Holding period and cost basis NOT reported to the IRS
If you have items in Box X you will have to make an adjustment into a different category.
Transactions in this Box either do not have a Cost Basis or the date is not present.
If the cost basis is missing you may be able to find it through
Historical Stock Quote Prices - MarketWatch
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