CLIENT OWNS 100,000 CLASS C UNITS SOLD BY CLIENT TO THE COMPANY.IN A REPURCHASE. PURCHASE PRICE PER UNIT IS $3.00. WHERE IS THIS TRANSACTION RECORDED ON SCHEDULE D?
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OK your choices are short or long term, and covered, not covered, not on 1099-B. You did not provide any of that information in your post.
Short or long term - when did he acquire and when did he sell.
guess is not 1099-B or you wouldn't be asking the question.