1099B shows LT but only 8 months held?

An Edward Jones 1099B shows LT holding for several transactions with purchase date of 9/2021 and sale of 5/22. What am I missing that makes this a long term category?

Were they inherited?

Or received in a transaction covered by sections 358 and 1221(1)?

That might be the date transferred to the account, not the actual holding period

Or the brokerage statement is wrong

Ah, yes. I believe there were inherited. That explains it. Thanks!!

And I always wonder how much time you've got to examine that closely to see if the brokerage has it right. So happy to just enter the A's and D's sale and cost and occaisonal E and not have to look at that crap anymore....

Do you think the basis is the correct number?

I think it is a good idea to closely examine the details if a spouse has recently passed away. Three times in the last few years we have found casses where large gains caused us to investigate further and found that the cost basis had not been stepped up after the spouse's death.

Looks like the rules say

In general. In determining whether any gain or loss on the sale of a security is long-term or short-term within the meaning of section 1222 for purposes of this section, a broker must consider the information reported on a transfer statement (as described in § 1.6045A-1) and apply the relevant rules for property acquired from a decedent or by gift. A broker is not required to consider transactions, elections, or events occurring outside the account except for an organizational action taken by an issuer during the period the broker holds custody of the security (beginning with the date that the broker receives a transferred security) reported on an issuer statement (as described in § 1.6045B-1) furnished or deemed furnished to the broker.

. Receipt of a security by inheritance seems like it occurs outside the account.

But there's a separate reg. on transferred securities that would appear to require the broker to show it as a LTCG.

In general. A transfer statement for a transfer of a security from a decedent or decedent's estate must indicate that the security is inherited. The transfer statement must report the date of death as the original acquisition date and must report adjusted basis according to the instructions or valuations furnished by an authorized representative of the estate, including any required adjustments to basis for property acquired from a decedent. If a transferor has not received instructions or valuations from an authorized representative, the transferor must report basis as the fair market value of the security on the date of death.
However, if the transferor neither knows nor can readily ascertain the fair market value of the security on the date of death at the time the transfer statement is prepared, the transfer statement must indicate that the transfer consists of an inherited security but may otherwise report the security as if it were a noncovered security. If the transferor cannot identify which securities in a joint account have been transferred from the decedent, the transferor must treat each security in the account as if it were a noncovered security but must not indicate that any security is an inherited security.

. And it goes on from there.

But all that still does not change the advice by EZTAX.