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    Jameslaw's Avatar
    Jameslaw Posts: 3, Reputation: 1
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    #1

    Jul 11, 2012, 06:20 PM
    Cost basis question
    Hello

    I have a question about stock that was transferred to me by my grandmother just before she passed away. I know that the cost basis will be what ever she paid for the stock originally but the problem is I don't know that information. This happened about a week ago. Do I get a receipt of the transfer from her discount broker and more over will it have the original cost basis on it. Thank you very much. One thing of note it shows the transfer date on my account but @ $0 I am really confused this could be real bad come tax time. Cheers
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Jul 12, 2012, 07:08 AM
    Please don't double post questions. Asked and answered here: https://www.askmehelpdesk.com/taxes/...ty-323960.html

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