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How do I put a gifted stock I sold this year on my tax return?
I sold 100 shares of this stock on Nov. 28 this year for $25,556. I was gifted the from estate my wife’s parents use to own, which he passed away on Nov. 13 on 2020, and was worth $24,400. He purchased it for 10,000 on Aug. 23, 1998.
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April 6, 2021
1:13 PM