I agree that inherited stock is considered a long term gain regardless of when it is sold. Question... How do you enter inherited stock in TurboTax so it is considered a long term gain if it is sold 3 months from the date acquired? Since I transfer multiple stock transactions (100+) from Merrill Lynch (ML) I hope to modify 30 which are inherited stocks sold 3 months from acquired date date. How is this done? Is it in the transfer information from ML?
