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June 6, 2019
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My mother in law added my wife to a brokerage account several years before she passed away. She died last year. What is my wifes cost basis when she sell stock

  • June 6, 2019
  • 1 reply
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    Best answer by TomK2023

    The cost basis of inherited stock is generally the market price of the stock on the date that the benefactor died.

    1 reply

    TomK2023Answer
    Alumni - Intuit
    June 6, 2019

    The cost basis of inherited stock is generally the market price of the stock on the date that the benefactor died.

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