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Inherited stocks 1099B acquisition date incorrect
I am helping my mother fill out her federal tax forms. My father passed away in 2022 and she sold his stocks in 2023. The 1099-B form lists the original date of purchase, or various, and not his date of death. Can she simply modify the date the investments were acquired in Turbo Tax to his date of death and check the "The cost basis is incorrect or missing on my 1099‑B" box?
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February 19, 2024
5:10 PM