3035679
hello,
I need your expertise.
about 8949 Form,
I have foreign stocks and there are multiple transactions so I fill 'Various' value like below.
CPA filed Various value at 'date sold' and 'date acquired' in last year(2021) .
so I've done same on 2022. but when I am filing I can see below message in TT.
can't I file via e-file ?
or can I change value from Various to 12/31/2022 or 'worthless' representatively and proceed ?
Form 8949 >
message in TT >
You'll need to sign in or create an account to connect with an expert.
TurboTax does not accept various as a sale date. Tax Champ fanfare advises using 12/31/xxxx when dates are “meaningless.”
Do not use bankrupt or worthless unless your sales qualify under those conditions.
Be sure your transactions are correctly categorized as short or long-term and covered or noncovered.
See 1099-B trade dates.
TurboTax does not accept various as a sale date. Tax Champ fanfare advises using 12/31/xxxx when dates are “meaningless.”
Do not use bankrupt or worthless unless your sales qualify under those conditions.
Be sure your transactions are correctly categorized as short or long-term and covered or noncovered.
See 1099-B trade dates.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
psurender23
New Member
keenerbp
New Member
rskipton
New Member
garne2t2
Level 1
Candyman
New Member