Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
WTR writes in two posts:

<<The holding period for inherited stock is considered to be long-term, regardless of how long the heirs actually hold the stock (i.e., regardless of whether the holding period is <1 year or >1 year).>>

<<If the executor sells the stock from the estate and pays the heirs cash, the estate will pay long term cap gains on any increase in value over the valuation date on Form 1041, Income Tax Return for Estates.>>

Thanks for the info. As I said earlier in this thread, I'm not the tax expert, so I appreciate the corrections. I learned two things today, and that's great.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.