heessb
Returning Member

capital losses from deceased siblings brokerage account

I inherited a brokerage account from a sibling in 2020.  The sibling purchased 1000 shares of ABC at $30/shr.. At the time of her death the stock value had dropped to $17 and became my basis for cost price.  The current value is back to $30 and I must realize a Capital Gain of $13 per share if I were to sell.  Can a capital loss of $13 a share be taken against my sister's final income tax return.