How enter date bought & sold in schedule B/D for Massachusetts? Multiple dates are involved? Description says "see attached". I downloaded 1099-B.

Forum|Forum|5 years ago
February 24, 2021
3 replies
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I can't enter one date because there are many dates. Downloading 1009-B to Turbotax I assumed allows then to send it in with the return. Any way to do this?

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KathrynG3

Yes, if the details of your investment activity are imported from Form 1099-B, they will be included on Schedule D with the detail pages, Form 8949. This information will transfer to the necessary forms for Massachusetts.

The transactions should be sorted on Form 8949 based on whether the trades

were or were not on Form 1099-B,
were held short-term or long-term and
whether they were or were not reported to the IRS.

For more information see: Where is Schedule D?

f47p48Author

The answer did not solve the problem. There is no way to enter multiple dates in the form. The Turbotax program keeps wanting to satisfy this requirement before the final submittal of the return. I solved the problem by entering the word "various" so I could finish and submit the return. During the process of figuring the taxes the Turbotax program asks for the download of the 1099-B. I did that and it was accepted. The line items requiring the dates indicates to refer to the attached statement. I can only assume that Turbotax transmitted the downloaded information with the return. No where does it show in tax documents that this was done, that I can find.

aboxer511

For 2022 entering "varies" or "various" in the turbotax box for date bought or date sold does not work. The box returns to blank unless I enter something in date format. I tried ??/??/???? and that didn't work. Has anybody figured out how to get around this other than leaving it blank and hoping that the Mass Dept. of Revenue will get it from 1099B that was uploaded to Turbotax earlier in the process?

RobertB4444

If it requires a date enter a date. If you have one date that covers most of the trades use that. If not July 15th is right in the middle of the year and that date will work. If you are contacted in regards to the date you can give Massachusetts a copy of your 1099B.

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grogy

In my case I was able to put "Various" into the date acquired and date sold boxes. My holdings company was Robinhood and they show "Various" on the 1099-B for long and short term totals. Turbo tax needs to show somewhere obvious that that is a valid value...