DianeW777
Expert Alumni

State tax filing

It depends.  If your Father actually had not cost or the value of the shares were not included in his taxable income in the year received, then he would have a zero cost basis and the full proceeds would be taxable.  If your Father believes he did have a cost or had income included when they were received, then you can check with a stock broker or the internet for the value of the stock on the day he had full access and ownership of the stock.

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