What acquired date do I use if I purchased the same stock on different dates, and then later sold all shares?

Forum|Forum|6 years ago
June 4, 2019
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TurboTax Premier Online

Best answer by TomYoung

As long as the stock is all one holding period you can simply use the word "various" in the date acquired box and get the proper holding period for the sale by selecting the appropriate "Sales Category" from the drop down list - Box A. Box B, etc.

Tom Young

TomYoungAnswer

Employee

Tom Young

rozcollo

What do you do if the holding period isn't the same?

ErnieS0

If the holding period is not the same for all stock sold on the same date, then you can list each sale separately or you can group the sales by holding period.

For example, if you sold 200 shares on 12/31/2022 and 100 shares were short-term and 100 shares were long-term then you can report the sales in two lots, with “various” as the purchase date for each lot.

When you use “various” TurboTax will ask you whether the sale was long or short and covered or uncovered or not reported. Select the correct category for each lot.

@rozcollo

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