Entering 1099-B Type of Gain or Loss
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New Member

Entering 1099-B Type of Gain or Loss

How do I know whether it was short term or long term gain when the sale category is "Box X - unknown holding period?"
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New Member

Entering 1099-B Type of Gain or Loss

The gain/loss is long term if the investment was held for more than one year.  Any holding period less than that is short term gain/loss.  Please review your brokerage statements or contact your brokerage firm for the purchase information.

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