Undetermined term transaction for noncovered tax lots

[AGSL]

I have 2 entries on my 1099 B in this category.

Both entries have a date for the sale or disposal

Both have quantity of 0.

Both have proceed numbers roughly $84 & $203.

Both have N/A for Date Acquired. 

Both have '-' in all other categories,

except both indicate proceeds from sale of rights in Additional Info.  

How am I supposed to handle these?

I'm thinking I can figure out the date I purchased the stocks and use that for original purchase date? Which would also indicate if it was short term or long term?

Cost Basis might be 0 as I didn't actually sell any stock, I just sold the rights to purchase more?

This sale comes from a account with a financial advisor, I can clarify the sale date etc with him. But he won't be giving me advise on how to handle this on my taxes.

[JohnB5677 · Accepted solution]

It sounds like you have a petty good handle on this.

You thought you could figure out the date you purchased the stocks and use that for original purchase date?  That is correct.  The rights were purchased on the same date as the stock.

The purchase date above along with the sale date would properly determine if it was short term or long term.

Cost Basis is zero. There was no cost for the rights that were included when you purchased the original stock.

This will all be posted to 

Income & Expenses

1. Scroll to Stocks, Mutual Funds, Bonds, Other
2. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?
3. On the OK, what type of investments did you sell? screen, select Stock, Bonds, Mutual Funds. Then select Continue.
4. From here, you can import or manually enter your 1099-B.
5. Answer the questions about your sales. Choose to Enter sales one by one when asked.
6. On the Now, we'll enter one sale on your 1099-B screen, enter your info.