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Why does Turbotax need to know the cost basis and purchase date of inherited stock that i have donated to a charity?
I inherited some stock and do not know when it was purchased or what the purchase price was.
I donated the stock to a charity. Why does TurboTax ask me what the purchase price was and the date it was bought?
That shouldn't matter since I gave it all away to charity, right?
This has stopped me dead in my tracks on preparing my taxes for 2018.
Thanks in advance!
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‎June 1, 2019
1:26 PM