I'm finally trying to actually fill this out and following option 1 I ran into a complication. I get to a box that says "date sold or disposed". I sold a dozen items on different dates on ebay, not one item. The info box in turbotax says, "If you sold a security on multiple dates enter each sale separately with its own date." Does this mean if I want to use method 1 I need to make a dozen entries, somehow splitting the 1099-K amount into portions for each item sold? Is it allowed to leave the date blank? Method 1 seems a little better in that it collects the information together into one entry, but can I use it with multiple sales? Is method 1 preferred over method 2 assuming I'm using Premier?
Another question: when I follow either one of these methods TurboTax doesn't know I'm entering a 1099-K, right? I enter that as part of the description. If I follow method 2 I am making two independent entries.
