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Date Acquired Definition
I have a question on this question “Did you acquire this investment more than a year before you sold it?” This question appears as I entered data from a form 1099-B. Family member purchased the stock over 10 years ago, and then passed away in 2023. Stock was transferred to the family member’s estate account in 2024 and sold. To respond to this question would one use the date the parent stock was initially acquired (over 10 years ago) or the date the stock was transferred to the estate account?
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February 26, 2025
3:39 PM