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July 23, 2022
Question

(2021) 1099-B - Long Term, Ordinary and Short Term, Ordinary

  • July 23, 2022
  • 1 reply
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On my 1099-B, a number of stock sales are type "D", but then Box 2 notes "Long Term, Ordinary" or "Short Term, Ordinary".  I am not sure what that means or how/if I need to adjust my return for it.  Please let me know.  Thanks.  Michael

    1 reply

    Employee
    July 23, 2022

    Code D indicates a long-term transaction for which the cost or other basis is being reported to the IRS.

     

    However, there are three checkboxes in Box 2. Which one is checked?

     

    You might want to contact your broker for further information.