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My wife inherited stocks in 2015 that had no basis according to broker statements
My wife inherited stocks in 2015 that had no basis according to broker statements, apparently company was sold/merged. The stock remained in portfolio with zero value until liquidated in 2019 for a total of $0.39, no basis reported on 1099-B. TT won't let me e-file without basis and indicates I should mail my return. Seems stupid to have to hard file for 39 cents. Cant even mail it to IRS for that. Can I enter 0 for basis? Dosent seem that would be wrong as the statement showed it had no value when wife inherited from her father.
March 20, 2020
12:11 PM