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You need to enter the best you can the date acquired, and the cost basis. It is listed as non-covered as your brokerage that did the sale did not have (or did not keep track) of the when the stock was acquired or what was paid for it.
If it was acquired more than a year ago it is long-term gain. The purchase date does not need to be exact but should have a reasonable basis for it.
For cost basis the same thing, and if you absolutely can't come up with anything you can always enter $0 as the cost basis.
The date and some amount have to be entered into TurboTax for this sale.
Go back to this section and Edit the investment sale.
To enter your Investments sold
Click on Federal Taxes
Click on Wages and Income
Click on I'll choose what I work on
Scroll down to Investments
On Stocks, Bonds, Other, click the start or update button
You need to enter the best you can the date acquired, and the cost basis. It is listed as non-covered as your brokerage that did the sale did not have (or did not keep track) of the when the stock was acquired or what was paid for it.
If it was acquired more than a year ago it is long-term gain. The purchase date does not need to be exact but should have a reasonable basis for it.
For cost basis the same thing, and if you absolutely can't come up with anything you can always enter $0 as the cost basis.
The date and some amount have to be entered into TurboTax for this sale.
Go back to this section and Edit the investment sale.
To enter your Investments sold
Click on Federal Taxes
Click on Wages and Income
Click on I'll choose what I work on
Scroll down to Investments
On Stocks, Bonds, Other, click the start or update button
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