KrisD
Intuit Alumni

Get your taxes done using TurboTax

If this sale resulted in a gain, your basis will be a hybrid of both costs. First, since you owned half of the original purchase, take half the original purchase price you paid in 2002. Next, take the value of half the stock when you inherited your husband's half in 2015. This total is your basis. (half valued at 2002 half valued at 2015)

Use 2002 as the date acquired. 

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