The Motley Fool Discussion Boards

Previous Page

Fool Community Help Desk / Ask A Foolish Question

URL:  http://boards.fool.com/your-cost-basis-is-the-value-of-the-stock-on-the-30316315.aspx

Subject:  Re: Inherited Stock Date:  10/12/2012  4:31 PM
Author:  CABob Number:  259478 of 266546

Your cost basis is the value of the stock on the date of death or in some cases some date after the death. If you sell you will have a capital gain (or loss) on the difference between the selling price and your cost basis.
Additional questions about taxes might be put on the Tax Strategies message board.

Bob
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us