Not mentioned in the previous reply is that it will be a long-term capital gain/loss regardless of how long the stock is held in your name. You use "inherited" as the purchase date. See IRS Publication 550 and the instructions for 1040, Schedule D.Phil
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra