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February 21, 2020
Question

1099-B

  • February 21, 2020
  • 1 reply
  • 0 views

Box 1d- Proceeds     Box 1e-cost

Do I enter it one sale at a time or a summary?

When I enter it as a summary, then asks: Covered or Noncovered?

Another box states: Total noncovered Securities with Undetermined Holding Period.

This amount is the difference between the box 1d & box 1e

    1 reply

    fanfare
    Employee
    February 22, 2020

    review your 1099-B carefully and you will see subtotals for each category; these must be entered separately, with you selecting the correct Box Letter (in the fine print on your statement). 

     

    Often all your sales will fall into just one category.