My mother died on February 21 and left stock to me that I sold. i thought i could take a loss of the difference in price sold and price on 2/21. How Is that done on 1099?

[peggymvadone]

The 1099 broke out sale with some shares as x  and some as d with cost basis. The d shares show the loss but the x count as total income.

[fanfare · Accepted solution]

X means broker does not know your basis, but you do.

enter the value  on 2/21 

mark sales as "inherited" ; it is treated as a long term capital gain or loss