Stocks

Forum|Forum|6 years ago
March 20, 2020
2 replies
14 views

Help! I keep entering cost basis of 0 and date acquired of Various for several stock purchases, but somehow Turbotax is not saving my entries! I am on a constant loop - I enter them and then they ask for them again - over and over and over!

MarilynG

Level 15

If you purchased stock through payroll deductions (since you indicate 'various' for Acquisition Dates), your Cost Basis can't be $0.

Are you entering Stock Sales from a Form 1099-B? You don't report your Stock Purchases in your Tax Return.

Click this link for more info on ESPP stock sales.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

BrendanM

Level 2

Did you import these transaction or entered them in manually? Are you using TurboTax Online or the Desktop product? How many transactions do you have?