HelenC12
Expert Alumni

Retirement tax questions

For financial institution reporting to you, yes, blank is a valid  choice. Your financial institution doesn't have the date you purchased the stock. However, you, as the taxpayer, needs to enter a date that you acquired the stock. The IRS needs a date so they can determine how they're going to tax you.  A short term stock sale is taxed differently than a long term stock sale. 

 

Try to narrow the purchase date down to a date or a date range. Document how you came up with a date. Once you have that, follow these instructions to locate historical prices.

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