g_beckman
New Member

Help with capital gains MetLife distribution Brighthouse shares 8/4/17. Do I use date of deceased parent as date acquired or inherited? Okay to enter zero cost basis?

I need the cost basis on 32 shares of MetLife stock. Distribution rate 1 for 11. Brighthouse Financial, Fractional Share 0.909091 Cash in Lieu Rate 58.707848 Gross amount 53.37 are the actual numbers. Computershare does not provide cost basis.  If I enter zero as cost basis do I just pay taxes on the $53.37. Seems much easier than driving myself nuts over calculations.

Also really need to know about the date acquired as I inherited the stock when my mother passed away.

Thank you in advance for your response.