Help on reporting non-covered securities in TurboTax

Admin987 · Mar 18, 2020 8:45:04 AM

I got 1099 from Robinhood which had the below classification for "Proceeds not reported to the IRS"<img src="https://ttlc.intuit.com/community/image/serverpage/image-id/6277i34250F91D1AB400B/image-size/large?v=v2&px=999" role="button" title="1toHJER" alt="1toHJER" />When i imported this in Turbotax, i kept getting an error to review to check this entry. It shows the below errors to be reviewed :-<UL><LI>Form 1099-B Worksheet (Robinhood Securities LLC): Noncovered Security applies only to a transaction reported on Form 1099-B. Do not enter for 26140E501 DPW HOLDINGS, INC. 0.</LI><LI>Form 1099-B Worksheet (Robinhood Securities LLC): Cost/Basis Not Reported applies only to a transaction reported on Form 1099-B. Do not enter for 26140E501 DPW HOLDINGS, INC. 0.</LI><LI>Form 1099-B Worksheet (Robinhood Securities LLC): Holding Period applies only to a transaction reported on Form 1099-B. Do not enter for 26140E501 DPW HOLDINGS, INC. 0.</LI></UL><img src="https://ttlc.intuit.com/community/image/serverpage/image-id/6278iD78D269D08CAB2AB/image-size/large?v=v2&px=999" role="button" title="C3mEyB3" alt="C3mEyB3" />I am not really sure what needs to be done here. Can i get some help on this?