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cesnell
New Member
posted
‎June 5, 2019 5:20 PM
last updated ‎June 05, 2019 5:20 PM

If I received stock as a gift many years ago (over 15), and I have recently sold a large quantity, how would I go about calculating cost basis?

The one gifting the stock has passed away and I have no way of accessing their records.
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PatriciaV
Employee Tax Expert
Employee Tax Expert
‎June 5, 2019 5:20 PM

If I received stock as a gift many years ago (over 15), and I have recently sold a large quantity, how would I go about calculating cost basis?

Yes, you can look up historical stock prices on either of these websites: 

Use a date close to the actual date of the gift.

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