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Level 3
March 2, 2022
Solved

L/T Holding period not being recognized when period less than 2 years but more than 1?

  • March 2, 2022
  • 2 replies
  • 13 views

Having to override holding term as given by investment company.

This topic has been closed for replies.
Best answer by Just-Lisa-Now-
Do you have the dates flip flopped, purchase date as the sale date, sale date as the purchase date? It lets us enter them backwards and never gives any error for it.

2 replies

dascpa
Level 11
March 2, 2022

Only thing I can think of is you're entering the incorrect code (A, B, C for short-term) and (D-E-F for long-term).  See the 1099-B input screen for this.

Just-Lisa-Now-
Intuit Community Champion
March 2, 2022
Do you have the dates flip flopped, purchase date as the sale date, sale date as the purchase date? It lets us enter them backwards and never gives any error for it.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
FredtaxAuthor
Level 3
March 2, 2022

That's it. Really do not like that dates on Investment co 1099-B do not line up with Pro series input

Just-Lisa-Now-
Intuit Community Champion
March 2, 2022
Agreed!
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪