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New Member
posted Mar 4, 2025 10:29:40 AM

The line for date acquired in a long term transaction is blank. What do I do?

What do I put in Line 1 b for date acquired when it's blank on 1099B

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1 Replies
Expert Alumni
Mar 4, 2025 10:54:28 AM

You need to pick a date that will result in the proper treatment of the sale as long-term (more than one year) or short-term, based on the sale date.