My 1099-b has a column "Applicable checkbox for form 8949" which reads X. This was mailed to me for a non-statutory stock sale. What does the X mean?

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My 1099-b has a column "Applicable checkbox for form 8949" which reads X. This was mailed to me for a non-statutory stock sale. What does the X mean?

It means that the holding period and the cost basis is not being reported to the IRS. This information will need to come from your own records.

Tom Young

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