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March 10, 2021
Question

I cannot complete filing due to a 1099-B form asking the date of a stock purchase. I input the date and submit it and it keeps bringing me back to the same screen

  • March 10, 2021
  • 1 reply
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This is for Webull/APEX brokerage account. I cannot get past this page even after manually putting the stock purchase date in

1 reply

March 10, 2021

The issue has been submitted and is currently under investigation.  We are currently working to resolve this issue.  If you would like to receive an update for the progress, click on the following link to get notified:

 

Acquired date

 

Any asset you hold for one year or less at the time of sale is considered “short term” by the IRS.  Capital assets that you hold for more than one year and then sell are classified as long-term on Schedule D and Form 8949. 

 

The net gain or loss from you Form 1099-B will show on line 4 of Schedule 1 and line 7 of Form 1040.  For more information, click here: 1099-B