DawnC
Expert Alumni

Deductions & credits

The cost basis of inherited stock is generally the market price of the stock on the date that the benefactor died.   In rare cases, the executor of the estate will make a special election to treat the stock differently.  Check with the executor to be sure.

 

Related Information:

 

How do I find a stock's cost basis if I don't know when it was purchased?

How do I find a stock's cost basis?

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