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Returning Member
posted Feb 6, 2023 9:25:00 PM

On the 1099-B when grouping together personal items sold, what would I put for the "Date sold or disposed" when I sold on different dates?

I have 2 descriptions one is, Sold Personal Items at Loss and the other is Sold Personal Items for Gain. I see the receive investment question has a various option for dates but the Sold or disposed option doesn't. What should I put? Thanks in advance.

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1 Replies
Expert Alumni
Feb 7, 2023 6:59:57 AM

Although you can enter "Various" as the purchase date, there is no option to enter "Various" as the sale date.  

  • If you sold a security on multiple dates, then enter each sale separately with its own date.
  • However, you can separate the Short-term and Long-term items and choose a date the is appropriate for the short or long-term type of sale.
  • We use the dates you bought and sold the items to figure out your holding period (how long you owned them). 
  • There are different tax rates for a short-term period (one year or less) and a long-term period (more than one year).