The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  non covered securities and cost basis Date:  2/25/2014  7:03 PM
Author:  ushats Number:  120238 of 132656

I had Dell and Mako in my taxable account at Tdameritrade.
Mako was taken over and got cash for my 30 shares
Dell became private and I received $13 per share

TD ameritrade did not report the cost basis to IRS in the 1099B.They said they don't have to report cost basis of non covered securities. So what is non covered securities?
My HR block person said I don't have to report cost basis but I feel i have to. I have a loss in dell

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us