Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
M
mlba40920
May 16, 2022
Question

My 1099B does not have an acquired date. However I have the original trade confirmation document. Should I use that date?

  • May 16, 2022
  • 1 reply
  • 0 views
No text available

1 reply

rjs
rjs
Employee
May 16, 2022

Yes, use the trade date from the purchase confirmation.


In most cases, the basis should be the purchase price from the purchase confirmation.

 

The preceding assumes that you purchased the investment yourself or received it as a gift. If you inherited it, then for the date acquired enter the word "Inherited" instead of a date. The basis for an inherited investment is the market value on the date of death of the person you inherited it from.

 

    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification