How will covered and non-covered shares be reported on my Tax Form 1099-B?
- Your Tax Form 1099-B will display whether redemptions consist of covered and/or non-covered shares.
- You can see the following possible combinations of history for each redemption:
- Covered shares, long-term (held longer than one year)
- Covered shares, short-term (held one year or less)
- Non-covered, long-term
- Non-covered, short-term