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Yes, you have to report it and it may or may not be taxable.
If you inherited the shares: The cost basis of inherited stock is generally "stepped-up" to the market price of the stock on the date that the benefactor died. See the information below.
In some rare cases the executor of the estate may have made a special election to treat the stock differently. Check with your executor if you're not sure.
Please see the instructions below to enter your Form 1099-B Proceeds From Broker and Barter Exchange Transactions.
How Do I Find the Cost Basis for My Investments?HelenaC:
The links you provided no longer work and I have not been able to find those topics by doing a search. If you're still checking this forum, is there any way to update your links?
In what way would the executor elect to do would make the money taxable?
Please clarify your questions if the link provided below are not helpful:
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