Mom passed away 7/11/2003 she had an employee investment plan employeestock (proxy vote) and common stock A. April 2009 somehow becomes personal investment plan with Common stock A and common stock B only. From 2002 the drip account at computershare

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January 22, 2026
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Mom passed away 7/11/2003 she had an employee investment plan employee stock (proxy vote) and common stock A.

● April 2009 somehow becomes personal investment plan with Common stock A and common stock B only.

●From 2003 the drip account at computershare was active until Jan 6,2025 . When it was sold at a -44$ a share capital loss. This is in nj . What taxes are owed if any?

●3 adult brothers biological sons to original owner. Since 7/11/2003 mom's then boyfriend whom she lived with concealed stock account existence until may 2023. What tax liabilities would estate owe?? Surrogate closed estate in 2004.

●Reopened it in june 2023(. Valued around 120k~ 80.53 $ per share)

● sold on jan 6,2025 for 71k ( 36.07 $per share) please can someone explain how im told estate owes 14k approximately??? Any help is greatly appreciated and needed. Thanks again.

RobertB4444

Level 15

A stock sale generates income based on the profit. So when a stock is sold you take the sales price and subtract the amount that was paid for it (often called the basis) and whatever's left you have to pay taxes on.

In your case the amount paid for all these shares is whatever they were worth on the day that your mother died in 2003. Then they were sold for $71,000. Estates pay 40% in taxes on earnings so the estate return should show that the profit on the sale of these stocks was around $35,000 or so. That means the total value of the stocks in 2003 was about half of what it was in 2025. Which seems fair.

You can save some money on the tax bill to the government by issuing K-1s from the estate to you and your two brothers and whatever other heirs there are for their shares of the sale. The heirs will pay between 10 and 20% in taxes on the amount of profit instead of 40%.

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