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https://boards.fool.com/the-1099-is-correct-perhaps-youre-confused-in-30559218.aspx
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| Subject: Re: Incorrect 1099 | Date: 2/24/2013 11:50 AM | |
| Author: vkg | Number: 117873 of 131786 | |
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The 1099 is correct. Perhaps you're confused in that the sale of an inherited asset is long-term regardless of how long the heir has owned it. You simply show the date acquired as "inherited." Phil Rule Your Retirement Home Fool Thank you, I was not aware that inherited assets were always long-term. |
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