Hello,
I am seeking additional information about the question related to sales of stock for a deceased relative. When my mother passed last February, as the executor, I had to sell her stock to distribute to siblings. She had 2 brokerages and each required that I set up my own brokerage accounts. I then had to close my mothers accounts and transfer funds to me. Then I sold the stock and closed the accounts.
My mother did not receive any 1099's but I did. I'm just wondering how I account for all these transactions? And will I be taxed on the monies I received?
