I received stocks as an inheritance and sold them almost immediately. while waiting on the legal process the stock gained about 10,000.00 do I claim this gain only taxes or not because they weren't officially in my name?
posted
March 8, 20227:51 AM
last updated
March 08, 20227:51 AM
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Depends on whether the stock was considered still in the estate or when it was considered your inheritance which is a legal rather than a tax question. An estate attorney can advise you or you can wait to see the name and social security number on the 1099-B which will be issued.