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I have a 1099 that lists a purchase date of "various"from our broker. A date is required. What do I enter?

 
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2 Replies

I have a 1099 that lists a purchase date of "various"from our broker. A date is required. What do I enter?

Lucky for you , TurboTax accepts the keyword "various" in the date acquired field.

PattiF
Expert Alumni

I have a 1099 that lists a purchase date of "various"from our broker. A date is required. What do I enter?

There is a procedure for entering Various into your investment transactions.

Open (continue) your return if it isn't already open.

  1. Income & Expenses
  2. Scroll to Stocks, Mutual Funds, Bonds, Other
  3. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?
    • If you see Here's the info we have for these investment sales, select Add More Sales.
  4. Answer Yes to Did you get a 1099-B or brokerage statement for these sales?
  5. At Let's get your tax info, choose how you want to enter your 1099-B (type it in yourself)
  6. Select the pencil to work on the transaction
  7. In the date area there are two bullets.
    • On one Date, and
    • Something other than a Date
  8. Select Something other than a Date
  9. There is a drop down menu for Various.
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