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Level 1
March 10, 2026
Question

do I say yes to the question about purchasing investments when the stock was part of an inheritance with increased value on sale which is being reported as a gain.

  • March 10, 2026
  • 1 reply
  • 42 views
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1 reply

Level 15
March 10, 2026

Are you reporting a sale of an investment on IRS form 1099-B or Schedule 8949?  Or something else?  Please clarify.

 

Are you referring to the question How did you receive this investment at the screen Review this XXX sale?

 

If so, you may need to select I inherited it .  But I am confused as to the nature of the investment and confused by the statement with increased value on sale which is being reported as a gain.

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