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April 15, 2022
Question

American Depository Shares

  • April 15, 2022
  • 1 reply
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I participate in an ESPP and got a 1099-B Proceeds from Broker and Barter Exchange Commission form. Box 5 is checked for Non covered security but I do not see that exact selection in the TT drop down. Just long term and short term covered or uncovered. Which is this and how do I know?

    1 reply

    April 16, 2022

    what does the 1099-B show as the holding period?

    In Turbotax, for short-term the type would be B  for long-term the type would be D

     

    B and D merely indicate to IRS that these are uncovered sales - cost basis not reported to IRS.

     

    w1llAuthor
    April 16, 2022

    Thee is a date sold or deposited field of Aug 4 2021. Thats it.