UNCOVERED MUTUAL FUND SHARES

[march3john]

I sold uncovered mutual fund shares purchased in the 80's and 90's . The mutual fund had stock spilts and was transferred to 2 different mutual fund companies since then .I Finding the original purchase price or cost basis has proven impossible. I'm resigned to declaring zero cost basis but how do I enter my various unknown purchase dates on Turbo Tax?

[BillM223]

I am not sure where you are at, but you could try "various" or "var" which works in some places. 

Otherwise come back and tell me what screen you are on.

[march3john]

I am on the page that asks info on the 1099-B sale . It's asking me for either the date or something other than th a date. There is a various option on the something other than the date option but how do I show that it was a long term  not short term sale

[DavidD66 · Accepted solution]

At the top of the screen where you enter the details of the sales transaction, there should be drop down box for "Sales Section".  Assuming you received a Form 1099-B, you will select "Long-term basis not reported to the IRS (noncovered)".