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My mom gave me stock in 2015 as a gift. I sold it in 2016. How do I mark this as a gift so I'm not taxed on capital gains? (I'm a full-time student.)
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June 4, 2019
10:14 PM
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Investors & landlords
There isn't any place to report this as a "gift" in order to avoid capital gains when you sell it.. In determining your taxable gain on the sale of the stock,here are special rules to calculate your basis in stock that is gifted to you.
How do I determine the cost basis of stock I received as a gift?
June 4, 2019
10:14 PM