I received a tax statement from Acorns Securities LLC including a1099-B and Form 8949. During 2018 there were "very many multiple transactions" with various dates where most transactions were a couple of dollars and even less than a dollar. So accordingly the date(s) acquired on the 1099-B were entered as "Various" for each of the "Date Sold" transactions and the "cost basis" was totaled for the "various" acquisition dates. Turbotax entered the information exactly as it was imported from Acorns and so no concern there.
My question is: Is it acceptable to the IRS for all of the date(s) acquired to be entered as "Various" and where the "cost basis" is totaled as such rather than each stock or bond fund acquisition to be entered individually and believe me there would be very many since these were fractional in nature?
