DMarkM1
Expert Alumni

Get your taxes done using TurboTax

After selecting "Add an investment" select the "Stocks, mutual fund...sale" tile.  Answer, No, you did not buy the asset since it was inherited.  For the sales section use "Long term, no 1099-B received".  For the asset type select "Other".  Be sure to indicate you inherited the asset.  You can enter the dates that apply and a long-term capital loss will be added to your schedule D.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"