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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?
‎February 20, 2022
11:36 AM