Thank you for the answer.
I still don’t quite understand how I would go about this, given it is a bond I believe. My broker has been absolutely no help. Trying to determine the cost basis has been nearly impossible. It is Freddie Mac 6.5%23, which I take to mean 6.5% and matures in 2023, but how would I find the cost basis of that? I know when it was gifted and when it was inherited by the gifter, and Freddie Macs website has a historical lookup for “common stock,” but that wouldn’t be common stock, would it? When I search for cost basis of a bond, it gets even worse because it says the brokerage firm is required to reported the cost basis if acquired after 2014, but technically this bond was purchased probably a decade or so ago, yet I only acquired it this year. Would that mean they are required to report it since I acquired it this year? Or that they are not required to since it was first acquired before 2014?
I apologize for my huge level of ignorance. I have been researching this for over a week and cannot find an actual answer that fits my situation. Thank you again for any assistance or clarity you can provide.
