.... two headings, "covered" and "Noncovered." Share and proceeds are broken down under these headings. Which amounts to I enter on the Capital Gains form?

I sold my shares in an American Stock in December 2014.  The confirmation from the Investor Centre provides me with Estimated Cost Basis and Tax Information.  There are two headings, "covered" and "Noncovered."  Share and proceeds are broken down under these headings.  Which amounts to I enter on the Capital Gains form?

Answer

It appears that covered and noncovered shares are two types of non-overlapping share categories. 

Covered refers to securities acquired on or after the effective dates in the legislation.

    • January 1, 2011, for equities and REITs
    • January 1, 2012, for mutual funds, ETFs and dividend reinvestment plans
    • January 1, 2013, for other securities (including fixed income and options)

Non-covered refers to securities acquired prior to the effective dates.

See - 
http://www.usfunds.com/investing-with-us/faqs/cost-basis-faqs/what-are-covered-and-non-covered-share...
http://finance.zacks.com/covered-vs-noncovered-stock-transactions-9458.html
http://1costbasissolution.com/faq.asp

Therefore, I think you would enter the total of the two categories, but this is probably a question best answered by your financial advisor or broker.

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