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Level 1
posted Jun 4, 2019 5:39:23 PM

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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1 Best answer
New Member
Jun 4, 2019 5:39:25 PM

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.

1 Replies
New Member
Jun 4, 2019 5:39:25 PM

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.