Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I am using Turbo Tax for the first time this year. I like the program thus far, but have hit a little bump on the road.
I held a stock for 8 years and sold it last year. In Turbo Tax, it asks me to input the "first time bought" and all the reinvested dividents. Do I have to go back and dig 8 years of information, or am I missing something? It seems a little absurd that they need all that detailed information, considering it was all summarized on 1099-DIV and 1099-B forms over the years.

I hope this makes sense.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.