Missing Cost Basis

taxwrk — Mon, 23 Feb 2026 11:03:33 GMT

What does one do if they are unable to document a cost basis for a closely held company inherited thirty two years ago.

Re: Missing Cost Basis

Anonymous_ — Fri, 06 Jan 2023 16:22:38 GMT

You might very well have to use a cost basis of zero ($0) for an interest inherited that long ago.

However, you might want to contact a business appraisal service in your area.