Sales section and Cost Basis for Treasury Bonds Transferred to Brokerage

[edwardsun007]

Hello turboTax, 
Last year around November I transferred all of my treasury bonds from treasuryDirect ( gov website ) to my own investment brokerage account, these bonds were purchased from treasuryDirect back to 2022. 
I sold a portion of end around the end of last year,   my brokerage account send me the 1099-consolidated-forms and on the page where it says REALIZED GAIN OR (LOSS)  it listed the sales of bonds as Short term realized gain which I believe this is a mistake made by my broker, because all of these bonds has been held by me for more than 2 years before I redeem them,  it should not be short-term gain.
And the 2nd thing is it has a writing

This section is for noncovered securities and corresponds to transactions reported on your 1099-B as " c ost basis is missing and not reported to the IRS. " Report on Form 8949, in either Part I

with Box B checked or Part II with Box E checked, as appropriate"

I have never needed to file form 8949 before,  do I need to this ?   if so,  how do I do it in turboTax ? 

On turbo tax,  after importing this 1099-consolidated form, it shows that the entire sales of bonds are gains with $0 as cost, which is wrong of course.


I clicked on the section and want to correct the cost basis, but it only leads to more confusion:
I am not sure which choice I should be selecting for the `sales section title` , I am guessing that "Long term basis not reported to IRS" came as the closest one but I am not entirely sure about it.

Can someone please help taking a look at my issue ?  
Thank you !

[Mike9241]

yes you must report the sale. The IRS got a copy of the 1099B and will be looking for this on your 1040. Form 8949 is required because the cost basis was not reported. Use the actual dates and enter code T which tells the IRS the type of gain/loss was misreported. You can contact the broker to see if they'll issue a corrected form.