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Stock was acquired and sold on the same day. Program for 1099-B in Turbo Tax thinks this is an error and wants me to correct it. How do I proceed?

Turbo Tax highlights the Date Acquired and Date Sold boxes and inserts the message to make a correction.  My 1099-B shows the same date for both boxes.  This transaction is for a half of a share that is left over from a stock exchange that is sold to give me the money.

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Accepted Solutions
KenH1
New Member

Stock was acquired and sold on the same day. Program for 1099-B in Turbo Tax thinks this is an error and wants me to correct it. How do I proceed?

Change the Date Sold to a day one or two days ahead (but not into 2017).  It won't make a difference since it will still be a short-term gain/loss.

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1 Reply
KenH1
New Member

Stock was acquired and sold on the same day. Program for 1099-B in Turbo Tax thinks this is an error and wants me to correct it. How do I proceed?

Change the Date Sold to a day one or two days ahead (but not into 2017).  It won't make a difference since it will still be a short-term gain/loss.

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