I changed brokerages last year. The old brokerage sold the partial shares of each stock (I reinvest all dividends) before transferring the account to the new brokerage.
The 1099B of the old brokerage has reported these sales as long term; I want them to be short term. Will I have a big problem with the IRS if I change the status of these sales? Or is the status already set in stone because the brokerage decided to classify the partial shares as FIFO.
/BAH