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June 6, 2019
Question

Received a 1099-B for unknown term sale (code x). Code X is not an option. How do I report?

  • June 6, 2019
  • 1 reply
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1 reply

Critter
Employee
June 6, 2019

X is not a valid option ... you must enter the cost basis and purchase date to produce a valid non covered code for the holding period.

June 6, 2019
This is from an account that was inherited so I have no information.  There is no Date Acquired nor Cost or Other Basis information provided