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April 4, 2025
Question

1099 B Smart Check

  • April 4, 2025
  • 1 reply
  • 0 views

Smart check is flagging my 1099 B which I uploaded from the investment firm. It wants to know if a particular sale was held short term or long term. The investment firm reported the sale date and "various."  There's no option for "various" in TurboTax.  Can you help?

    1 reply

    fanfare
    Employee
    April 5, 2025

    TurboTax will allow "various"

    But you have to know how long you held that investment. More than a year is Long Term.

    Your consolidated 1099-B should tell you that.