topic What acquired date do I use if I purchased the same stock on different dates, and then later sold all shares? in Investors & landlords

What acquired date do I use if I purchased the same stock on different dates, and then later sold all shares?

roycees — Tue, 04 Jun 2019 22:16:23 GMT

As long as the stock is all one holding period you can si...

TomYoung — Tue, 04 Jun 2019 22:16:24 GMT

As long as the stock is all one holding period you can simply use the word "various" in the date acquired box and get the proper holding period for the sale by selecting the appropriate "Sales Category" from the drop down list - Box A. Box B, etc.

Tom Young

Re: As long as the stock is all one holding period you can si...

rozcollo — Sun, 26 Mar 2023 01:27:09 GMT

What do you do if the holding period isn't the same?

Re: What acquired date do I use if I purchased the same stock on different dates, and then later ...

ErnieS0 — Sun, 02 Apr 2023 15:24:35 GMT

If the holding period is not the same for all stock sold on the same date, then you can list each sale separately or you can group the sales by holding period.

For example, if you sold 200 shares on 12/31/2022 and 100 shares were short-term and 100 shares were long-term then you can report the sales in two lots, with “various” as the purchase date for each lot.

When you use “various” TurboTax will ask you whether the sale was long or short and covered or uncovered or not reported. Select the correct category for each lot.

@rozcollo