topic Or, it could be something in between, depending on your s... in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/or-it-could-be-something-in-between-depending-on-your-s/01/751661#M300851 Or, it could be something in between, depending on your situation.&nbsp;&nbsp;TurboTax has an interview where you can specify that the stock was a gift, enter the FMV and the date of the gift and the donor's basis, and TurboTax will figure out the correct basis to report. Thu, 06 Jun 2019 19:52:57 GMT TomYoung 2019-06-06T19:52:57Z What is cost basis if shares of stock in 2013, when my father gave it to me price per share was $29 &amp; when I sold in 2017, price was $52. Thank you https://ttlc.intuit.com/community/taxes/discussion/what-is-cost-basis-if-shares-of-stock-in-2013-when-my-father-gave-it-to-me-price-per-share-was-29/01/751657#M300847 Thu, 06 Jun 2019 19:52:54 GMT https://ttlc.intuit.com/community/taxes/discussion/what-is-cost-basis-if-shares-of-stock-in-2013-when-my-father-gave-it-to-me-price-per-share-was-29/01/751657#M300847 nelkar 2019-06-06T19:52:54Z Your cost basis is actually the lower of the Fair Market... https://ttlc.intuit.com/community/taxes/discussion/your-cost-basis-is-actually-the-lower-of-the-fair-market/01/751659#M300849 <P> <B>Your cost basis is actually the lower of the Fair Market Value at the&nbsp;time of the gift (2013) or the price your father paid for the stock, whichever is lower.&nbsp;</B> </P> Thu, 06 Jun 2019 19:52:56 GMT https://ttlc.intuit.com/community/taxes/discussion/your-cost-basis-is-actually-the-lower-of-the-fair-market/01/751659#M300849 MichaelL1 2019-06-06T19:52:56Z Or, it could be something in between, depending on your s... https://ttlc.intuit.com/community/taxes/discussion/or-it-could-be-something-in-between-depending-on-your-s/01/751661#M300851 Or, it could be something in between, depending on your situation.&nbsp;&nbsp;TurboTax has an interview where you can specify that the stock was a gift, enter the FMV and the date of the gift and the donor's basis, and TurboTax will figure out the correct basis to report. Thu, 06 Jun 2019 19:52:57 GMT https://ttlc.intuit.com/community/taxes/discussion/or-it-could-be-something-in-between-depending-on-your-s/01/751661#M300851 TomYoung 2019-06-06T19:52:57Z