My spouse died in 2023. Since we are in CA, a community property state, the broker (Vanguard) correctly revalued the basis of all securities to date of death. However they also changed the acquisition date to date of death, while keeping the correct long term / short term gain categories. On the 1099-B , sales after the date of death with long term gains were reported in the correct long term gain category. However with a reported 2023 acquisition date, it looks as if they were held for less than a year. This didn’t bother TurboTax. Will the IRS system flag it? If so anything I can do about it? I don’t think I can get Vanguard to change their system.
