sfritz01
New Member

Deductions & credits

Thank you so much for your response.  So as a practical example, the FMV of 3000 shares of a Freddie Mac bond was $220.17 on the date of death.  There were principal payments of $16.65 over the course of last year.  Since I have no means of knowing what % of the principal the $16.65 represents, how can I determine the cost basis for that  amount?