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[Event] Ask the Experts: Extension Filers
No, you do not need to fill out any specific form. When you report a sell under "Investment and Savings" section, TurboTax will ask "How did you receive this investment", you select "Inherited" option. Then TurboTax will ask "Fair market value when previous owner passed away" . That is all. You will not need to fill out any other forms with the tax return.
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a week ago