When form 8949 is filled out and it asks for the date acquired for security transactions

[Sorakairi89]

Hi, when you have stock sales and you need to report the 1099-B information about your stock sales as single transactions rather than a summary, it asks for the date acquired. However, on my 1099-B, it saying various dates (Literally the word various only). Does this suffice for me to enter in the software as various or do I need to hunt down each and every date if that is possible to find? 

[fanfare]

various is only allowed in "Date Acquired".

It means two or more lots of the identical security purchased at "various" times were all sold at once and the cost basis is the aggregate cost of all shares.

IRS wants to know the number of shares sold to see if your dollar amounts are reasonable.

various only works when the holding period for all the shares is the same.

bottom line: if you broker used "various" you can enter it exactly that way.

@Sorakairi89 

[DavidD66]

Yes.  It is acceptable to use "Various" as the date acquired.  Various can not be used as the date disposed/sold; therefore, all transactions included must have the same sale/disposition date.  Be sure to select the correct holding period - Long Term or Short Term.  Short Term is used for investments held one year or less (365 days or less).  Long Term is for investments held more than a year (366 days or more).  There are exceptions for inherited property and company stock.