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In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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- non classified securities reporting long term gain
non classified securities reporting long term gain
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mstsax
Level 3
03-19-2024
04:55 PM
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3 Comments 3
qbteachmt
Level 15
03-19-2024
07:20 PM
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You didn't state your question or issue you are having with ProConnect. Also, did you mean noncovered, or nonclassified?
Link: https://www.investopedia.com/terms/n/non-covered-security.asp
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mstsax
Level 3
03-19-2024
08:30 PM
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My Question is about an entry on a Merrill Lynch consolidated 1099 where it shows a separate categary for sales of non classified securities. should these be reported like any other security on schedule d? And what are non classified securities?
sjrcpa
Level 15
03-19-2024
09:04 PM
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"should these be reported like any other security on schedule d?" Yes
"And what are non classified securities?" It usually means they don't have enough info to classify as covered, for basis, or holding period.
Ex-AllStar
