https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-inherited-stocks-this-year-the-took-a-loss-since-i-got-them-is-this-a-deductable-loss/01/313393#M11960 Mon, 03 Jun 2019 18:50:38 GMT dan diego 2019-06-03T18:50:38Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-inherited-stocks-this-year-the-took-a-loss-since-i-got-them-is-this-a-deductable-loss/01/313393#M11960 Mon, 03 Jun 2019 18:50:38 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-inherited-stocks-this-year-the-took-a-loss-since-i-got-them-is-this-a-deductable-loss/01/313393#M11960 dan diego 2019-06-03T18:50:38Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-if-you-did-not-sell-the-stock-then-the-loss-is-not-a/01/313399#M11962 <P>No,&nbsp;if you did not sell the stock then the loss is not a deductible loss.&nbsp; Gains or losses on stocks are only reported when you sell your stocks.</P><P>If you sold your stocks you would have received a Form 1099-B from your broker to report the sale of your stocks.</P> Mon, 03 Jun 2019 18:50:40 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-if-you-did-not-sell-the-stock-then-the-loss-is-not-a/01/313399#M11962 Leonard 2019-06-03T18:50:40Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/keep-records-of-the-value-on-date-of-death-that-s-your-c/01/313407#M11963 keep records of the value on date of death. That's your cost basis. Mon, 03 Jun 2019 18:50:41 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/keep-records-of-the-value-on-date-of-death-that-s-your-c/01/313407#M11963 fanfare 2019-06-03T18:50:41Z