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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.
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March 17, 2025
2:54 PM