turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mwhannell
New Member

I sold ESPP stock and the Date acquired in Box 1b is listed as “Multiple”. TurboTax software will not allow anything other than a date to be entered.

I can leave the date field blank, but it keeps coming back to edit during the “Review” process.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I sold ESPP stock and the Date acquired in Box 1b is listed as “Multiple”. TurboTax software will not allow anything other than a date to be entered.

For stock sales you will need something for an acquisition date, even if it is multiple dates.  What it wants to determine is the holding period, which sets either a long-term or short-term gain or loss.  Could you try "various" as is used in other contexts, assuming all those purchase dates are either long-term or short-term before your sale date?

 

As a workaround I think if I had to enter just one date and all of these shares were long-term, I might enter the newest acquisition date (closest to the long-short boundary).  If it were short term, then I might enter the oldest of the dates.

 

Another way might be to import this data.  If you had multiple lots of stock acquired on different dates it might generate all the individual purchases on separate Form 8949 lines -- much easier than having to enter every lot by hand with its own purchase date.

 

I hope this helps!

 

View solution in original post

2 Replies

I sold ESPP stock and the Date acquired in Box 1b is listed as “Multiple”. TurboTax software will not allow anything other than a date to be entered.

For stock sales you will need something for an acquisition date, even if it is multiple dates.  What it wants to determine is the holding period, which sets either a long-term or short-term gain or loss.  Could you try "various" as is used in other contexts, assuming all those purchase dates are either long-term or short-term before your sale date?

 

As a workaround I think if I had to enter just one date and all of these shares were long-term, I might enter the newest acquisition date (closest to the long-short boundary).  If it were short term, then I might enter the oldest of the dates.

 

Another way might be to import this data.  If you had multiple lots of stock acquired on different dates it might generate all the individual purchases on separate Form 8949 lines -- much easier than having to enter every lot by hand with its own purchase date.

 

I hope this helps!

 

mwhannell
New Member

I sold ESPP stock and the Date acquired in Box 1b is listed as “Multiple”. TurboTax software will not allow anything other than a date to be entered.

Thanks!

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question