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I realized a capital loss in 2017 from my position in an equity warrant. The warrant expired unexercised as it was below the strike price.

My broker has reported this event in the 1099B under Undetermined Term Transactions for Non-Covered Tax Lots. No proceeds, cost basis or gain/loss is shown. Under the additional info column is the entry 'Merger', which it was not. As all the lots were purchased in the last 2 years, this info is readily available with the broker.

Has the broker reported this correctly or should I ask for a corrected 1099B?

I have not had any activity under Undetermined Term Transactions for Non-Covered Tax Lots in previous years, so I am not sure how to proceed.

TaxACT which I use, imports 1099s directly from my broker. Will I then have to enter the various lots with cost info into the imported transaction?

Thanks in advance for your help.
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