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New Member
posted Mar 7, 2023 11:31:22 AM

Why is Blank option for the date acquired under 1099 investments not accepted?

there are 2 options to choose from: blank or various dates. When choosing the blank option i get feedback that says i need more information. But the box on the 1099 is blank and the more info says to choose blank

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3 Replies
Level 10
Mar 7, 2023 12:19:15 PM

I'm not sure why the blank option doesn't work, but why not go ahead on use Various?

Expert Alumni
Mar 9, 2023 5:31:34 AM

Unfortunately, Blank is not an option. It's the title of the box. It indicates that your 1099-B is blank on the brokerage form.

 

There are only 2 alternatives.

  1. Enter a date.
  2. Select Various.

The date is used to confirm long/short term gains.

  • If you know approximately when you purchased it, use a similar date.
  • If you have a history of the stock, you can find a value close to the purchase price and use that date.
  • Or as @robtm suggested, you can use Variable, and it will default to the sales section posted earlier for this record.

 

Level 15
Mar 9, 2023 6:06:53 AM

TurboTax does not allow you to leave Date Acquired EMPTY. That's all there is to it.