KrisD15
Expert Alumni

Get your taxes done using TurboTax

Enter under

Wages & Income

Investment Income

Stocks, Cryptocurrency, Mutual Funds, Bonds, Other

Select "Add investments" if needed

Select "Skip Import" if needed

Select "Other" for the investment type

 

Be sure to select "I inherited it" for how you received the investment. 

The basis (your cost or value) of Inherited property is valued on the date of death so there should be little or no gain on the sale. With closing costs, there might even be a small loss. 

 

IRS link

 

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