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-   -   Inherited stocks taxes (https://www.askmehelpdesk.com/showthread.php?t=448151)

  • Feb 17, 2010, 07:58 AM
    william58
    Inherited stocks taxes
    I inherited some stocks and sold them, how do I figure capital gains?
  • Feb 17, 2010, 07:39 PM
    MukatA

    Report sales on schedule D (Form 1040). Your cost basis is the fair market value at the date of inheritance. Your U.S. Tax Return: Tax on Inheritances

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