AmyC
Expert Alumni

Get your taxes done using TurboTax

You said a gift from your parents. This means the amount they paid could be your basis. See here for more on gift basis. 

The IRS will give you a zero for basis if you are unable to prove another one. Brokerages are not responsible. There should be a financial folder containing transactions like this. Create one now and add the notes for how you determined this basis along with any other investments you have.

 

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