JulieS
Expert Alumni

Get your taxes done using TurboTax

Yes, that is where you would report the sales. 

 

Since you inherited these items, you can use the word "Inherited" as the date acquired. That automatically make the transaction long term, even if you owned it less than one year.

 

Your basis is the value at the time of the original owner's death. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post