JillS56
Expert Alumni

Get your taxes done using TurboTax

The problem may be something very simple.   You indicated that one of your stock transactions went through a merger, the form shows the acquisition date as N/A and you chose the option "blank".    This may be the problem.   When you do not have a specific acquisition date, then selected "Various" for the acquisition date.   TurboTax will not allow you to leave it blank.    However, when using "Various" you will need to identify whether it was a long-term or short-term transaction.   

 

Even though one of the option is "blank" TurboTax will not accept leaving the box blank.

 

To determine whether the transaction is a long-term or short-term transaction, follow this rule of thumb:

  • Short-term transaction is less than one year from the date of the acquisition.
  • Long-term transaction is more than one year form the date of the acquisition.