You'll need to sign in or create an account to connect with an expert.
For the purchase date you can us the word Various however you must enter a cost basis amount ...if the broker didn't have the information then you will need to figure it out. If you don't know it then enter a zero and all of the sale is 100% taxable.
In the case mentioned (unknown purchase date and cost basis), what do you select for "Sale Category" in TTax Premier? "Long term not covered"? "Long term not reported"? My brokerage statement doesn't state which to use. Thx
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.
rosa-lugo723
New Member
jillwhite
New Member
larid
New Member
rosehart510
New Member
johamill
Level 2