Can I deduct the short term loss and/or long term loss from a fund I inherited?
I inherited funds in 2018 and sold them on January 2, 2019.
I inherited funds in 2018 and sold them on January 2, 2019.
your cost basis is the value on the day you inherited them, plus any reinvested dividends or reinvested distributions.
inherited stock or mutual funds is always Long Term.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.