Missing Cost Basis
What does one do if they are unable to document a cost basis for a closely held company inherited thirty two years ago.
What does one do if they are unable to document a cost basis for a closely held company inherited thirty two years ago.
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.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.